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.
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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'.
Conservative and Liberal Democrat backbenchers cut the coalition's majority to 27 but never seriously threatened a defeat in the clash over rules controlling home extensions.
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.
Cost-cutting efforts may force more civil servants' jobs outside central London
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.
Housing minister Grant Shapps has been accused of using statistics to misrepresent the state of housing in the UK.
