William Eichler 06 June 2017

Labour announce ‘New Deal’ on housing for first-time buyers

Labour have announced a ‘New Deal’ to fix the UK’s housing crisis, including a promise to build 100,000 ‘genuinely affordable’ homes a year by 2022.

Labour leader Jeremy Corbyn and shadow secretary of state for housing John Healey have launched ‘Labour’s New Deal on Housing’, which they promised would ‘give priority to those let down most by failings in the housing market’.

They said the ‘deal’ would help first-time buyers on ordinary incomes.

It includes 100,000 new discounted FirstBuy Homes, a two year stamp duty holiday for first-time buyers, and an extension and re-focusing of Help to Buy so that it is only for first-time buyers.

Labour would oversee the ‘biggest council housing programme in over 30 years’, they said, with 100,000 genuinely affordable homes a year by the end of the next Parliament.

Mr Corbyn and Mr Healey also said they would help private renters with a ‘consumer rights revolution’, including three-year tenancies, an inflation cap on rent rises, and new minimum property standards.

‘Labour will usher in a new era in council housebuilding to build more council homes than at any time for over 30 years so that the broken market is fixed to provide homes for the many, not investment opportunities for a wealthy few,’ said Mr Corbyn.

He added: ‘Labour offers a New Deal on housing between the people of this country and a new Government.

‘It is a bold, long-term plan for housing to help those being let down most by a broken housing market and failing Conservative policy – young first-time buyers, private renters and people needing new social rented homes.’

SIGN UP
For your free daily news bulletin
Highways jobs

Deputy Procurement Manager

London Borough of Richmond upon Thames and London Borough of Wandsworth
£46,206 - £55,992 per annum
Can you see yourself playing an important role in leading the team who procure private sector properties (PRS) and long-term temporary accommodation for homeless families across Richmond and Wandsworth? If so, this is a unique opportunity to work for a gr London, Wandsworth
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Governance Lawyer - Braintree District Council

Essex County Council
£66354.0000 - £72025.0000 per annum
Governance Lawyer (and Deputy Monitoring Officer)£66,354 - £72,025 per annumFull time, Permanent Closing Date
Recuriter: Essex County Council

Residential Assistant

Essex County Council
£25081.00 - £25395.00 per annum
Residential AssistantPermanent, Full Time£25,081 up to £25,395 per annumLocation
Recuriter: Essex County Council

Residential Worker

Essex County Council
£27935.00 - £35344.00 per annum + includes allowance
Residential WorkerPermanent, Full Time£27,935 - £35,344 per annum (including allowance)Location
Recuriter: Essex County Council

Residential Worker Night Support

Essex County Council
£33014.00 - £41770.00 per annum + includes allowance
Residential Worker Night SupportPermanent, Full Time£33,014 - £41,770 per annum (includes allowance)Location
Recuriter: Essex County Council
Linkedin Banner