On the spot over the future for low-cost housing
post-Brexit, James Brokenshire turned his fire on – the last Labour government.
At MHCLG questions in the Commons this afternoon (March 4), Healey called on
Brokenshire to commit to £4bn for new low cost homes next year in the event of
a No Deal Brexit. Healey had teased Brokenshire in asking how many fewer homes
might be built in the event of No Deal, referencing the Bank of England
assessment of a 30% plunge in house prices – double the fall after the global
financial crash. Brokenshire did not directly address Healey’s call for
commitment. Read more on 24housing.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
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