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Morning Briefing: Brexit effect on house prices ‘a London-only phenomenon’
Bloomberg takes a look at the UK’s various housing markets, and the rest of the morning’s housing news
In the news
Bloomberg publishes a long read about England’s housing market, concluding firmly that the recent price falls and difficulties related to Brexit are a factor for the London market only, and the rest of the nation will continue to operate as usual. “It’s a different world from London in the north,” estate agent Jonathan Morgan says.
The Financial Times looks into the housing market in detail, with a report answering readers’ questions about the current state of play.
The BBC reports that £90,000 of bonuses were paid to the leaders of the Royal Borough of Kensington and Chelsea in 2017/18. Based on Freedom of Information Act requests, the story reveals that the money was split between 12 senior staff and is roughly in line with the figure paid in prior years.
This morning the BBC also takes a detailed look at what happened to residents trapped in flat 113 on the night of the Grenfell Tower fire.
An investigation by The Guardian shows that London councils are spending millions on incentive payments to encourage private landlords to take on homeless families. More than £14m was paid out in 2018, in chunks of up to £8,300 each, the paper reveals.
The Guardian also reports on a document from the Department for Work and Pensions (DWP) that referred to a claimant using offensive language. The document was submitted to an employment tribunal by the DWP.
The person who revealed it said that it “inadvertently expose[s] a canteen culture of contempt” at the department. A spokesperson for the department told The Guardian that the DWP expects the highest standards from its staff and any behaviour like this would be completely unacceptable.
City AM reports on universities minister Chris Skidmore weighing into the housing debate by promising a crackdown on “rogue landlords” exploiting students with substandard accommodation.
In local news, the Bristol Post takes a detailed look at the new trend in the city of converting vans for use as homes in a bid to escape the city’s housing crisis. It reports that the vanners are “hardworking and middle aged”.
They are essentially unable to rent due to the combined effect of unstable working hours in the so-called gig economy and the demands of landlords for employment stability. Bristol Council has developed a strategy to deal with the growing number of van dwellers in the city.
On social media
Paul Hackett, chair of the G15, picks up The Guardian’s report about housing incentives:
Another symptom of the #HousingCrisis - desperate councils forced to incentivise the #PRS to house the homeless because of a dearth of #SocialHousing. The UK’s housing crisis is primarily a crisis of chronic under-supply of #AffordableHomes. #ukhousing t.co/nfvBOrif05
— Paul Hackett (@PaulHackett10)Another symptom of the #HousingCrisis - desperate councils forced to incentivise the #PRS to house the homeless because of a dearth of #SocialHousing. The UK’s housing crisis is primarily a crisis of chronic under-supply of #AffordableHomes. #ukhousing https://t.co/nfvBOrif05
— Paul Hackett (@PaulHackett10) March 25, 2019
And follow #H4C2019 to get the latest from today’s Homes for Cathy conference in London
On route to the @HomesforCathy conference. Looking forward to hearing from some great speakers about how we can tackle #homelessness together. #H4C2019 #UKHousing
— Molly Boreham (@mollyboreham)On route to the @HomesforCathy conference. Looking forward to hearing from some great speakers about how we can tackle #homelessness together. #H4C2019 #UKHousing
— Molly Boreham (@mollyboreham) March 25, 2019
What’s on
- The Homes for Cathy conference is being held today in central London to discuss homelessness
The big issues that impact the regeneration and delivery of social housingSPONSORED ARTICLE
