The Conservative candidate for London Mayor, Zac Goldsmith, has published his housing manifesto, and we've updated the Vote Homes policy grid with his offer for London's renters.
As the candidate of the governing party in Westminster, it was always going to be interesting to see if he would go any further than current government policy. One of the biggest divides between the Conservatives and the other parties is on security of tenure, and it's safe to say that Zac has stuck his neck out on this, though we're yet to be convinced that renters will benefit from his proposal.Read more
If the numbers add up for him next week, Ed Miliband will be Prime Minister and he will start attempting to reform the private rented sector with longer tenancies and rent stabilisation. We've already spotted holes in his plans that would undermine attempts to give renters better protections, but at least we support reform in principle. Most of the ire directed at Labour since they announced the policy is from those who oppose any form of regulation of rents.Read more
The latest announcement from Labour is that first-time buyers will be given a ‘holiday’ on stamp duty for homes purchased under £300,000. With the average house price in London standing at over £460,000 it is clear this policy will only be applicable outside of the capital.Read more
Sounds a bit strange to say this but it’s absolutely true, however, it will make your tenure more secure.
Labour’s proposal is to cap rent increases at inflation for the first three years of a tenancy. This doesn’t give you the ability to plan your finances – because you don’t know what the inflation rates will be over the next three years – but it is a long way from wild west situation we have today.Read more
Over on Landlord Law Blog, Tessa Shepperson has offered three warnings to politicians who are trying to tackle housing policy on their election campaigns.
In a nutshell, she notes the importance of housing to people’s health, wellbeing and life chances, highlights the lack of real information about the private rented sector and the actors within it, and the need to ensure it is not a bad investment.
The blog is really raising concerns about Labour’s proposals for the private rented sector: essentially rent stabilisation and longer term tenancies. These are both policies that Generation Rent is calling for – though we think Labour should go further. Tessa makes valid points about them and they merit a response.Read more
All five main UK-wide parties have now published their election manifestos. I took a trawl through them to dig out their plans for renters and the wider housing market.Read more
As the election campaign really kicks off, you will no doubt hear a knock on your door soon from one of your many Parliamentary candidates hoping to win your vote.Read more
Yesterday's Homes for Britain rally in Westminster attracted speakers across the spectrum, from Cathy Come Home director Ken Loach to UKIP's Nigel Farage. Amid the rhetorical fireworks was a small but important policy announcement which might have passed some people by.
The Liberal Democrat speaker, Ed Davey MP, said his party would offer government-backed loans to first-time renters under the age of 30 to cover the up-front costs of a tenancy. Generation Rent has been urging the government to adopt this policy since last year - it is already being offered to civil servants.Read more