Boris Johnson to let low-earners use housing benefit to buy homes
2 years, 7 months ago

Boris Johnson to let low-earners use housing benefit to buy homes

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Confirming the plan on Thursday, levelling up secretary Michael Gove told Sky News: “One of the things we’re looking at is a way people can save explicitly for home ownership … We are looking specifically at a saving vehicle in order that people can save for that deposit.” But the cabinet minister suggested that benefit recipients in London and the south-east may still struggle to get on the property ladder. I don’t think we’ll be offering 70 per cent discounts for our housing association right to buy … We’re not proposing to offer discounts at that scale.” Mr Gove promised that the government would commit to replace social homes sold off “like for like” – but Labour and housing charities have pointed to the huge cost of building new homes sold off at a discount. Gove also claimed on ITV’s Good Morning Britain that social housing would be produced “instantly” to replace homes bought by low-earners. For those families that will be very welcome, but if it makes the housing crisis worse for everybody else, I’m not sure why they wouldn’t come forward with a proper plan that actually starts to increase the supply of affordable housing.” Shelter’s chief executive Dame Polly Neate said the “hare-brained idea” was “the opposite of what the country needs”, warning: “There could not be a worse time to sell off what remains of our last truly affordable social homes.” Labour frontbencher Jess Phillips was also among those questioning how the benefits-to-buy policy will work because individuals with more than £16,000 in savings do not qualify for the benefit.

History of this topic

Boris Johnson ‘living in £20m property connected to wealthy Tory donor’
1 year, 11 months ago
Government has not done ‘full’ impact assessment of Right to Buy extension, Michael Gove admits
2 years, 6 months ago
Boris Johnson gives housing association renters the right to buy
2 years, 7 months ago
Councils told to make sure they have 30% social housing
2 years, 7 months ago
Councils told to make sure they have 30% social housing
2 years, 7 months ago
Falling home ownership cost Tories votes, says Michael Gove
2 years, 8 months ago
Government set to miss housebuilding target by almost a decade
4 years ago
Tory MPs call for social housing boost in spending review
4 years, 1 month ago
Boris Johnson announces 5% mortgage deposits for first-time owners to create ‘generation buy’
4 years, 3 months ago
‘Generation buy’: Boris Johnson signals relaxation of mortgage rules to allow first-time buyers onto the housing ladder
4 years, 3 months ago
Jeremy Corbyn unveils Labour manifesto with £75bn boost for affordable housing: ‘I welcome hatred of rich and powerful’
5 years, 1 month ago
Stay where you grew up to get on the property ladder, new government proposals urge
5 years, 4 months ago

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