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Conservative Party housing policies

by Adrian Black Adrian Black, author of this post , Thursday 21 May 2015


Let’s see how many of the promised housing policies are introduced and how quickly, particularly the £1bn for building on Brownfield sites. I wish we would build on a small amount of marginal greenbelt / greenfield too; it would get enjoyed more as the property owners would use it as a garden rather than it just being laid to virtual waste as a low value field.

Conservative Party housing policies

  • Build 275,000 affordable homes and 200,000 starter homes over the next five years.

  • Offer starter homes at a 20% discount to first-time buyers under the age of 40, with the costs of discount achieved by waiving homebuilder fees to local authorities.

  • Protect greenbelt land and provide £1 billion for brownfield development.

  • Extend the Right to Buy scheme to housing association tenants, and sell the most expensive council housing with the long-term aim of replacing council houses with more affordable housing.

  • Continue the Help to Buy scheme, providing mortgage guarantees and equity loans to first-time buyers.

  • Introduce the Help to Buy ISA saving scheme for first-time buyers – the government will match 25% of private savings up to a maximum of £3,000 on £12,000 of savings.