The acute housing crisis resulting from the disastrous Right to Buy policy and the domination of house building by commodity production, will not be resolved by changing planning law. The big builders/developers build at a pace and a scale which serves one purpose, maximising their profits. There is a widespread recognition that a change of … Continue reading Campaigning for Council Housing under a Labour government
Category: ‘Freedom to Buy’
‘Freedom to Buy’ “helps only a small minority and ignores the core problem”
Angela Rayner has announced Labour's “Freedom to Buy” policy. This is a mortgage guarantee to encourage mortgage providers to offer low deposits; a revamped version of the Tories Mortgage Guarantee Scheme (see note below). We haven't seen any detail (including costs) but the guarantee is to the mortgage provider should the buyer be unable to … Continue reading ‘Freedom to Buy’ “helps only a small minority and ignores the core problem”