Posts Tagged ‘Social Housing England’

A clampdown on gazumping and other tactics that cause misery to housebuyers and sellers is being drawn up by the government as part of a renewed attempt to reduce the cost and stress of buying a home.

The Tories want to sort this out  and are asking for evidence from industry professionals within 8 weeks. This is a commendable and justified to finally make an offer a legally binding matter in English law at a distinct point in the proceedings.

In another area of housing policy alongside this announcement, Sajid Javid, the Communities Secretary revealed a possible move by the government in the November budget of partially reversing its austerity doctrine by borrowing to invest heavily in new homes and associated infrastructure.

However, in these potential housing policy announcements, a further comment in relation to the new homes investment by Mr. Javid indicates yet again where the priorities lie for this government.

‘While councils “have a big part to play” in the plan, as do housing associations, the “biggest role” should be taken by the private sector’

In contrast, only about ten families so far from the  Grenfell Towers fire disaster have been rehoused, and apparently the government have decided sprinkler systems in tower blocks are an additional safety precaution that’s unnecessary.

At a time of a housing crises where social housing should at the forefront of policy, the percentage target number of 300,000 new homes per year will no doubt be higher in the private sector.

In addition, there is a case for the more than 200,000 homes sitting empty in England – worth a total of £43bn to be utilised and renovated for the social hosing sector. Is there an issue here though? Is it because property speculators in the UK, from abroad and offshore fund investors are of the ‘family’ of rich and privileged that also include members of the Conservative Party and/or their wealthy business backers?

Consequently, is it not surprising this Tory government won’t provide the resources to local councils to track down these mysterious property owners and fund the compulsory purchase and renovations of these empty dwellings?

There is a genuine belief in the Conservative Party that a homeowner is more likely to vote Conservative. It’s even alleged George Osborne stated this privately when Chancellor in discussions about the possible political fallout electorally of the benefit cuts. He is alleged to have commented this would be negligible due to a majority affected were unlikely never to own their own homes, and this would probably reflect in their voting choices to be of no political advantage to a Tory government.

‘Gazump’ – make a higher offer for a house than (someone whose offer has already been accepted by the seller) and thus succeed in acquiring the property.

Sources: Guardian/Observer UK editions and associated published official documents.

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