Tuesday, 29 November 2016

Social Housing Is Vital For London’s Future

The current patchwork of eight Government housing schemes are helping more get on the housing ladder, new research suggests. But there are very different levels of ‘generosity’ in the programmes with the Right to Buy and Starter Home schemes offering more than others, according to the research commissioned by the Council of Mortgage Lenders. One of them, the Help to Buy Mortgage Guarantee scheme ends in in December, and the seven remaining schemes all also specifically promote and deliver new housing supply, which the CML report says is clearly helpful in addressing this most pressing structural housing market problem.  The report analyses how each of these schemes works for different types of households. Read more on the Property Wire website.

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