Experts have pointed out some flaws in the Government’s most recent white paper on housing, and suggest that simply building more affordable homes may not have the effects the Government is looking for – especially in areas that already have thousands of long-term empty homes.
A broad range of organisations – including charities and professional bodies representing tenants, landlords and other members of the property industry – are calling for the government to increase the level of housing benefit.
UK housing minister Gavin Barwell told an audience at a fringe Tory party conference event that micro living might be part of the answer to the UK’s housing crisis – at least when it comes to city workers being priced out of their preferred markets.
The Crossrail 1 project is set to be fully operational by 2019, but now attention is turning to Crossrail 2. You can find out all about the proposed project and the route it will serve at the project’s official website.
In the latest move to help solve the UK’s ongoing housing crisis, the UK Government will hand local English councils the ability to charge owners of empty residential homes council tax at double the normal rate. That means double council tax charges could soon apply to many of the 200,000 empty homes across England.
Britons are the most concerned about housing than they have been for over 40 years, a recent survey from pollsters Ipsos-Mori shows.
It’s no secret that the UK remains in the midst of an affordable housing shortage. While London is awash with cranes and new premium apartments are being built, they are out of reach for most Britons and destined to become yet another investment for the rich businessmen who travel the world, never setting foot in their latest property purchase.
A recent change to planning rules has made it easier to develop the ‘airspace’ above properties by adding more floors. Could this be a solution to the lack of housing in our overcrowded cities?
The Royal Institution of Chartered Surveyors have suggested that Theresa May needs to “get out [her] hard hat” as they estimate the UK faces 1.8 million shortage of rental properties.
As the date for the next London Mayoral draws closer, the debate between candidates and their manifestos is heating up.
As London’s new Mayor, Sadiq Khan has a lot of work ahead of him if he is to deliver on the plans and pledges that helped him into his new position. Among those promises which are coming under increased scrutiny is housing. Specifically, Mr. Khan’s plan to ensure at least 50% of new housing built in London is affordable for Londoners.
The UK’s housing crisis isn’t new, but some new figures show that there’s another reason why there aren’t enough homes in the UK for the people who need them – an increase in the number of long-term empty homes across England.
At the moment, there are around 5 million households renting privately (not socially) in the UK. That number has doubled over the course of the last ten years, but is set for a dramatic spike. In fact, it is expected to increase to nearly 5.8 million in just the next few years.
A UK housing crisis is no longer surprising news. Indeed, following the Grenfell Tower disaster and subsequent findings that numerous tower blocks that are home to many people aren’t safe, the lack of housing has grown and the problem exacerbated further. in London in particular. But, a new entrant into the house building sector, could make a big difference and provide a helpful proportion of those must needed homes.
Now might be a good time to start looking at London’s property market in search of a bargain – if you’re price range is the £3 million and over bracket that is. London’s prime property market has lost ground in recent years, with the average values of the more expensive properties barely rising at all. A number of developments have been at play, which is why the slowdown has lasted so long and that prices in some prime London areas have even fallen.
According to a report from the Royal Institution of Chartered Surveyors (RICS), the UK is facing a major shortage of rental homes; 1.8 million by 2025 to be exact.
The UK’s housing market is certainly a popular topic for debate. And now, it’s not just the price of property that’s risen to unaffordable levels across many regions of the country. Rents are also rising and set to move further into the territory, where the ability to save for a deposit to buy a home could take a lifetime!
When many of us consider how life will be like during retirement, we think about being mortgage-free home-owners, with enough time to do all the things we want to. But, for many retirees, the prospect of being mortgage free is being replaced by paying rent and being bound by landlords’ rules, rent and investment decisions.