Tuesday, 1 October 2019

Social Housing Snubbed At Tory Conference


After the snub of the Spending Review, the sector had another let-down at the Tory conference. At face value, a ‘major new initiative’ apparently being announced by Housing Secretary Robert Jenrick was little more than a reiteration of plans to boost shared ownership purchase. Jenrick went with the “new national model for shared ownership” allowing the purchase in 1% increments while paying a subsidised rent on the rest – helping thousands of lower earners step on to the housing ladder. Which is what was announced last month as a “new national model” for shared ownership. Read more on 24housing.

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