Rentplus is calling on the Government to encourage local authorities to back privately funded models of affordable housing that can inject additional fund-ing to deliver new homes at no cost to the public, complementing existing initi-atives to increase access to home ownership and support the Government to meet its target of 300,000 new homes a year.
What options do key workers on modest incomes, or young families starting out in their careers, have to fulfil their ambitions of home ownership?
What happens to all those families failing to qualify for Help to Buy and/or Shared Ownership because they cannot raise a mortgage today?
What happens to families with debt history who do not have the £5,000-£6,000 needed to take on a private rented tenancy?
Affordable rent to buy offers solutions to all of these.You can read the Rentplus 2018 Budget Submission here.