Thursday, 6 October 2016

Tory Housing Policy Overhaul Could Include Rent-To-Buy

The government is considering a shift in its housing policy away from a primary focus on home ownership in an acceptance that many people on lower incomes cannot afford to buy a property and instead need help with renting.  An announcement on housing is expected at the Conservative party conference, sources connected to housing policy have said. While it remains unclear what this will involve, ministers are understood to be interested in the idea of rent-to-buy schemes. This general trend has already been signalled, with housing minister Gavin Barwell saying in a speech earlier this month that the country needed more homes for rent below market rates, as well as homes to buy. Read more on the Guardian website.

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