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Morning Briefing: more reaction to ‘Right to Buy shared ownership’ announcement
The housing sector has been reacting on social media to Robert Jenrick’s announcement of a new ‘Right to Buy shared ownership’ for housing association tenants yesterday
In the news
At the Conservative Party conference yesterday, the housing secretary announced plans to offer housing associations “an automatic right to buy a share of their home”.
The National Housing Federation and PlaceShapers, which represent housing associations, warned that the proposals could have consequences for loan deals and make the housing crisis worse.
And people have been continuing to have their say on Twitter, with a selection of comments shown below.
Meanwhile, the Evening Standard reports that housing minister Esther McVey was mocked on social media yesterday for remarks she made about “new” methods of housebuilding.
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City AM runs a story on research from property investor FJP Investment showing that around half of homebuyers think new builds are unattractive.
In other news, City of York Council is planning to build all its new homes at zero-carbon standards, according to the York Press.
In the North West, the Manchester Evening News reports on concerns about the regeneration of an estate in Rochdale named last week as the most deprived place in Greater Manchester.
Elsewhere, The Guardian has welcomed Labour’s plan to scrap Universal Credit in an editorial, while the paper also runs a comment piece arguing the move could end “scrounger” blaming.
Finally, Ashley Horsey, chief executive of housing charity Commonweal Housing, has written in the Independent calling for a “complex” approach to fixing the housing crisis.
On social media
This is terrible news. Government are planning to start rolling out Right to Buy in Housing Associations - this will have a huge impact on Housing... t.co/ZObycoFusW
— Paul Dennett (@paul4citymayor)This is terrible news. Government are planning to start rolling out Right to Buy in Housing Associations - this will have a huge impact on Housing... https://t.co/ZObycoFusW
— Paul Dennett (@paul4citymayor) October 1, 2019
There must be real concern about these latest government ‘ideas’...just read @PeteApps @nearlylegal @justinbates28 amongst others on shared ownership (where the existing consultation has just ended). What’s most needed is house building at a social rentt.co/OaRHv5CNz7
— Andrew Lane (@AndrewLane1962)There must be real concern about these latest government ‘ideas’...just read @PeteApps @nearlylegal @justinbates28 amongst others on shared ownership (where the existing consultation has just ended). What’s most needed is house building at a social renthttps://t.co/OaRHv5CNz7
— Andrew Lane (@AndrewLane1962) October 1, 2019
This is so spectacularly stupid. Swap your fully assured tenancy for an option to purchase (which you won’t manage ’cos of staircasing costs) and 100% service charge liability. Shared ownership is an awful idea and *voluntary* RTB lacks all the safeguards of statutory RTB. t.co/0SPLckEwo3
— Justin Bates (@justinbates28)This is so spectacularly stupid. Swap your fully assured tenancy for an option to purchase (which you won't manage 'cos of staircasing costs) and 100% service charge liability. Shared ownership is an awful idea and *voluntary* RTB lacks all the safeguards of statutory RTB. https://t.co/0SPLckEwo3
— Justin Bates (@justinbates28) September 30, 2019
Government proposing to offer Housing association tenants opportunity to buy their homes on a shared ownership from as little as 10% shares. #SharedOwnership is a popular tenure. I’m keen to see exactly how this will be funded and terms of lease #ukhousing t.co/TCaMhywmei
— Paul Hackett (@PaulHackett10)Government proposing to offer Housing association tenants opportunity to buy their homes on a shared ownership from as little as 10% shares. #SharedOwnership is a popular tenure. I’m keen to see exactly how this will be funded and terms of lease #ukhousing https://t.co/TCaMhywmei
— Paul Hackett (@PaulHackett10) October 1, 2019
What’s on
- The Conservative Party conference continues in Birmingham
