Secure Homes for All.
New Economics Foundation explains “Why you can’t afford a home in the UK”.
These are many of the policy ideas being developed.
- Setting up a National Investment Bank to support new build housing projects initiated by councils and developers.
- Scrapping bedroom tax and benefit cap.
- Lifting the borrowing cap in the Housing Revenue Account, enabling local authorities to borrow unto the prudential limits and build more houses.
- Introducing regional home building targets to ensure homes are build in every area to ensure rural areas as well as urban areas benefit from new council homes.
- Regulating private rents by linking them to measures that can determine whether they are affordable (e.g. average earnings).
- Nationally registering private landlords and licensing them locally.
- Ensuring tenants rights are respected and ensuring homes suitable for human habitation (minimum safety standards, free of damp and pests and so on).
- Introducing a Land Value Tax on underdeveloped land that has planning permission.
- Introducing ‘use it or lose it’ measures on brownfield sites to discourage land banking.
- Allowing councils the right to compulsorily purchase (CPO) sites that are not being developed at a fair value.
- Protecting social housing stock owned by local councils by cancelling right-to-buy scheme.
- Redirecting some of the £14 billion tax relief offered to private landlords to help struggling tenants (e.g. deposit problem).
- Empowering tenants in housing associations through co-operative models of local management.
- Levying higher council tax rates on properties left empty.