Election & Housing

Conservatives:

Permanently abolish Stamp Duty for homes up to £425,000 for first time buyers and introduce a new Help to Buy scheme to provide first-time buyers with an equity loan of up to 20% towards the cost of a new build home. First-time buyers will be able to get onto the housing ladder with a 5% deposit on interest terms they can afford.

Renew the Affordable Homes Programme that will deliver homes of all tenures and focus on regenerating and improving housing estates. Continue the Mortgage Guarantee Scheme

Pass a Renters Reform Bill that will deliver fairness in the rental market for landlords and renters alike. Deliver the court reforms necessary to fully abolish Section 21 and strengthen other grounds for landlords to evict private tenants guilty of anti- social behaviour.

Do more to boost the availability of affordable housing for local people in rural areas. Rural exception sites will support local people into home ownership.

Labour

Promising to get 1.5 million new homes over the next parliament. Prioritise the building of new social rented homes and protect our existing stock by reviewing the increased right to buy discounts introduced in2012 and increasing protections on newly-built social housing.
Immediately abolish Section 21 ‘no fault’ evictions, prevent private renters being exploited and discriminated against, empower them to challenge unreasonable rent increases, and take steps to decisively raise standards,including extending ‘Awaab’s Law’ to the private sector.

Liberal Democrats

Increasing building of new homes to 380,000 a year across the UK, including 150,000 social homes a year, through new garden cities and community-led development of cities and towns.
Immediately banning no-fault evictions, making three-year tenancies the default, and creating a national register of licensed landlords.

Help people who cannot afford a deposit to own their own homes 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.

Green Party

Provide150,000 new social homes a year and end ‘right to buy’, so that these homes can belong to communities forever. Empower local authorities to introduce rent controls & End to no-fault evictions. Greener Homes Guarantee to ensure warm, safe homes that are well insulated with incentives to those who would most benefit & need them.

Reform

Prioritise local people and those who have paid into the system. Foreign nationals must go to the back of the queue. Scrap section 24 for Landlords: will restore landlords’ rights to deduct finance costs and mortgage interest from tax on rental income.

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