All posts by Pete Jefferys

Pete Jefferys
Pete Jefferys

By Pete Jefferys

Falling homeownership won’t be stopped by current schemes

Home-ownership is now at its lowest for 30 years, according to new analysis by the Resolution Foundation. This matters because the vast majority of people want the security of owning – both financially and because it gives longer term stability for families than private renting.

Homeownership looks likely to keep falling when you dig below the numbers and look at the proportion of buyers with mortgages, versus those who are mortgage free. The majority of homeowners are now older … MORE...

Pete Jefferys
Pete Jefferys

By Pete Jefferys

Will Brexit hit house building?

Nobody yet knows whether the decision to leave the EU will lead to an immediate downturn in the housing market. But you don’t have to look hard to see signs.

House builders’ share prices have been among the hardest hit, commercial property funds have suspended trading, REITS (investment products linked to property) are falling in value, housing associations have had credit ratings downgraded and forward indicators of construction activity have nosedived.

Equally importantly, there are signs … MORE...

Pete Jefferys
Pete Jefferys

By Pete Jefferys

Homes for London

In just 105 days Londoners will take to the polling stations to elect a new Mayor. While the contest itself is not yet top of mind for voters, we can be sure that housing will play a central part in the campaign. It’s by far and away the biggest issue in the minds of Londoners, eclipsing even transport and crime. This is hardly a surprise when the latest stats show that the average house price in the capital is now … MORE...

Pete Jefferys
Pete Jefferys

By Pete Jefferys

Can Cameron’s council estate plan work?

David Cameron is on a blitz of housing policy announcements at the moment. Last week we had an idea for the direct commissioning of new homes, this week we have plans for regenerating 100 council estates. What should we make of it?

Knocking down and rebuilding peoples’ homes is obviously always going to be controversial. But that doesn’t mean it is always wrong. If the hard work is done to win the support of estate residents, and more affordable homes … MORE...

Pete Jefferys
Pete Jefferys

By Pete Jefferys

Three tests for the next Mayor of London

Over the next six months, Shelter will be running campaigns aimed at the upcoming 2016 London Mayoral contest. Today, we are introducing three tests that we want all the candidates for Mayor to meet when they set out their policies. If they fail these tests then we can expect – at best – more of the same: rising rents, increasing homelessness and rapidly falling ownership. If they pass, they will be on the way to creating a fairer, better city.… MORE...