CML: Why are "movers" not moving?
Wednesday, 1 February 2012
2:34 PM
So much has been written about the plight of first-time buyers, but what about movers?
Today’s issue of CML News & Views looks at the particular challenges they face, and how their capacity to move up the housing ladder has been squeezed by a combination declining levels of real income and confidence, reduced levels of equity and higher transactions costs.
Helpfully, today’s announcement by the housing minister of a scheme to ease the sale of new-build property is open to movers, as well as first-time buyers.
Today, we also set out the case for paying support for mortgage interest at the rate actually paid by borrowers. It would be better for those receiving the benefit – and could help the government save money.
Finally, we are delighted to welcome three recently joining members of the CML – and a new associate.
To see all the stories in full, go to the latest issue of CML News & Views.
Disclaimer: Press releases published on this page are from key opinion formers
who promote their organisation's activities by subscribing to a campaign site within
politics.co.uk. politics.co.uk does not endorse, edit, or attempt to balance the
opinions expressed on this page. The content of press releases are wholly the responsibility
of the originating company or organisation.
Older people should be encouraged to downsize in order to help solve Britain's housing crisis, according to a new report out today.
Ministers are promising their new housing scheme will allow 100,000 people to get on the property ladder to buy their 'dream home'.
Social tenants will be able to benefit from a £75,000 discount when they buy their properties under the government's revived right-to-buy scheme.
Governments always resort to yet another first-time buyer initiative that risks stoking people's expectations of homeownership.
We must provide those who lay their lives on the line to protect us with decent housing.
Prime minister David Cameron summarises the new housing strategy in his speech to the CBI conference:
People want to know why they can't raise their children in the kind of place they were raised.
Genuine under-occupation needs to be tackled - but it has to be done more sensitively than the government is proposing.
Half a billion pounds of funding for infrastructure and housing projects are being allocated by ministers.
Cllr David Parsons, head of the Local Government Association's environment and housing board, comments on the government's housing strategy announced today:
Newsletter sign up