26 November 2019 – the overnight press release

Lib Dems respond to Shelter report on private renters spending £11bn more than they can afford

Responding to a Shelter report that found England’s private renters are paying out £11 billion more a year on rent than they can afford, Liberal Democrat Housing Spokesperson Tim Farron said:

These shocking figures expose the Tories’ failure to tackle the housing crisis, leaving people across the country struggling with soaring rents and insecure tenancies.

The Liberal Democrats will fix the broken housing market and build a brighter future, by building at least 100,000 social homes a year.

We will limit rent hikes, strengthen protections against rogue landlords, and introduce a new Rent to Own that allows renters to gradually build up a stake in their property.

The Liberal Democrats would:

  • Build at least 100,000 homes for social rent each year and ensure that total housebuilding increases to 300,000 each year. We will help finance the large increase in the building of social homes with investment from our £130 billion capital infrastructure budget.
  • Help people who cannot afford a deposit by introducing a new Rent to Own model for social housing where rent payments give tenants an increasing stake in the property, owning it outright after 30 years.
  • Promote longer tenancies of three years or more with an inflation-linked annual rent increase built in, to give tenants security and limit rent hikes.
  • Improve protections against rogue landlords through mandatory licensing.
Read more by or more about , or .
This entry was posted in News.
Advert

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarJoseph Bourke 6th Dec - 1:04am
    The proposal for running a current spending surplus over the course of an economic cycle (excluding capital spending) comes from the work undertaken by the...
  • User AvatarMichael BG 6th Dec - 1:00am
    Peter Martin, Did you actually read what I wrote? – “I would hope that if we remain in the EU economic growth can get to...
  • User AvatarDavid Allen 5th Dec - 11:20pm
    Matthew Huntbach, Yes, you've tried. I have tried. Quite a few others - some leaning toward "loyalist", others leaning toward "dissident", have also tried. I...
  • User AvatarRural Radical 5th Dec - 10:40pm
    This is a great article, albeit on a theme that needs wider development outside the heat of an election. From the Chartists to the Ascott...
  • User AvatarTony Greaves 5th Dec - 10:24pm
    I don't know where this nonsense about running a permanent budget surplus came from.
  • User AvatarPeter Martin 5th Dec - 10:15pm
    @ Yousuf, I didn't mention the Labour manifesto. Maybe you are confusing me with someone else? I'd just say they aren't totally free problems that...
Tue 10th Dec 2019