Prime Minister May has announced a major change to housing policy, with a greater emphasis put on renters with a plan to deliver more affordable rental properties.
With housebuilding one of the hot topics of Mrs May’s term so far, the new announcement detailed plans to encourage housebuilding of all kinds – steering away from just focusing on first time buyers, and encourage properties aimed at affordable renting options.
Housing Minister Gavin Barwell explained that the full plans will show a definite swerve away from the ‘Home Owning Democracy’ favoured by previous Conservative governments, and will better reflect the needs of today’s market.
The full paper, which is due to be released this week, is due to include proposals to enable local councils to plan for more ‘build-to-rent’ homes (although still not on green belt land), plans for measures to ensure tenants can secure longer term tenancies in the private sector, and the introduction of the ban on lettings fees to tenants.
We understand people are living longer in private rented accommodation, which is why we are fixing this broken housing market so all types of home are more affordable. These measures will help renters have the security they need to be able to plan for the future while we ensure this is a country that works for everyone
Sajid Javid, Communities Secretary
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