Homeless Families ‘Could Save For Mortgage Deposits’

The Conservative mayoral candidate for City Hall has said many of the capital’s 62,000 homeless households in temporary accommodation could save for a mortgage deposit and buy a shared ownership home. Shaun Bailey defended his plans to use housing budgets to build a higher proportion of shared ownership homes – where residents buy a share and rent the remainder – than Sadiq Khan. Mr Bailey has promised to deliver 100,000 affordable homes with his £4bn housing budget if he wins the election in April, with a large proportion of them shared ownership. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/news/homeless-families-could-save-for-mortgage-deposits-says-conservative-candidate-for-london-mayor-69156?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60