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First home discounts: investment in public housing still needed

First home discounts for key workers must be part of a sustainable housing strategy

 

Government plans to give key workers 30 per cent discounts on their first homes must be balanced with a council housing strategy that recognises the role of affordable rents in tackling the housing crisis, Unite said today. 

 

House buyers from eligible professions, such as nurses, police officers and those in the military, could save around £100,000 on their first property, according to plans put out for consultation by the government.

 

Property developers

 

Property developers would participate in the scheme by applying for Section 106 local authority planning agreements, which are also frequently used to develop social housing for affordable rents.

 

Gaila Cartmail

 

Unite assistant general secretary Gail Cartmail said: “Many people want to get a foot on the housing ladder and these plans could help those in eligible professions to do so. The root cause of the housing crisis is a lack of affordable homes to buy or rent, which is made worse by flatlining wages. 

 

“Many areas, especially in places like London, Bristol and Oxford, are being hollowed out not just of professionals like nurses and police officers, but other workers, such as hospital and school cleaners, care workers and many others, who are also integral to keeping our public services running.  

 

“It is right that the property market is made more accessible to working people, but if the government is to create a sustainable housing strategy it must also invest in public housing, hold speculators to account and give more freedom to local councils.”

 

Friday 7th February 2020

 

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