Posts tagged "home owners"

Robbie de Santos
Robbie de Santos

By Robbie de Santos

What to do about the squeezed middle’s housing pressures?

I’m starting to hear a lot about the problem of housing for low to middle income households. Two events this week. One was the launch of housing association Gentoo’s Genie product, which removes the need for mortgages and deposits with a ‘home purchase plan. The second, today, was the Resolution Foundation think tank’s report on how low to middle income households are faring in the housing market.

Policy makers are trying to provide a politically appealing and genuinely affordable offer … MORE...

Robbie de Santos
Robbie de Santos

By Robbie de Santos

The power of buy to let

Figures out from the Council of Mortgage Lenders today show that buy to let mortgage lending – mortgages for landlords buying property to rent out – has reached a record high. Now £1 in every £8 of mortgage lending goes to buy to let.

The appeal is obvious. It feels like every week a news story goes out reporting rising rents. And, as research by Jones Lang LaSalle found, many subscribe to the “small island” theory – that … MORE...

Robbie de Santos
Robbie de Santos

By Robbie de Santos

Help to buy – who will it help?

The flavour of today’s Budget was very much helping Britain to be an ‘aspiration nation’. A cornerstone of which was about helping people achieve ‘that most human of aspirations’: owning a home.

That came with a major policy announcement: the Help to Buy scheme – a morphing and extending of existing schemes to boost ownership, NewBuy and FirstBuy.

So who does Help to Buy help then?

Help to Buy equity loan

Formerly known as FirstBuy, the Government gives … MORE...

Deborah Garvie
Deborah Garvie

By Deborah Garvie

Better homes for those living in them, and those looking at them

Today, RIBA’s Future Homes Commission calls for a revolution in the scale, quality and funding of home-building to fix our broken housing market.

The report’s central recommendation is for a three-fold increase in the number of new homes built every year to over 300,000, kick-started by a £10bn Local Housing Development Fund, which would be financed and owned in turn by local authority pension funds.

Just as importantly, they want the homes built in well-designed sustainable communities of mixed-tenure homes.… MORE...

Anna Wilson
Anna Wilson

By Anna Wilson

Waiting too long for a stable home

It’s a sad reality that in Britain we get used to putting up with the impact the high cost of housing has on our lives.

We accept having to spend an hour getting to and from work every day as we can’t afford to live any closer to our jobs. We think of the family homes we grew up in with nostalgia rather than aspiration, accepting we are unlikely to live anywhere similar. We pay half our salaries to keep … MORE...