Labour should ‘buy the supply’ of housing from landlords | Letters
Siân Berry MP responds to the news that landlords claim they are being pushed out of the market. Plus a letter from Benjamin McKechnie My heart obviously breaks for distressed buy-to-let landlords (Are UK buy-to-let landlords dying out – and should we care?, 5 January) but, if some landlords are feeling the pinch, a policy I have long pestered the government about is, by chance, tailor-made to help them. We need to replenish our decimated social housing stock, and part of the answer is what I call “buy the supply”. For years, I have called for funding to help councils increase the number of homes they can buy into their housing supply. Whether that is buying back right to buy homes, or snapping up suitable houses that are put on the market, this can achieve immediate, construction-risk-free social homes near existing schools, parks and health services. Continue reading...
Siân Berry MP responds to the news that landlords claim they are being pushed out of the market. Plus a letter from Benjamin McKechnie
My heart obviously breaks for distressed buy-to-let landlords (Are UK buy-to-let landlords dying out – and should we care?, 5 January) but, if some landlords are feeling the pinch, a policy I have long pestered the government about is, by chance, tailor-made to help them. We need to replenish our decimated social housing stock, and part of the answer is what I call “buy the supply”.
For years, I have called for funding to help councils increase the number of homes they can buy into their housing supply. Whether that is buying back right to buy homes, or snapping up suitable houses that are put on the market, this can achieve immediate, construction-risk-free social homes near existing schools, parks and health services.
Continue reading...