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...’s housing plan targets”....
...Last year saw the highest year on record for affordable housing delivery, and through our £11.5bn Affordable Homes Programme we will deliver thousands more affordable homes to rent and buy across the country...
...He added that parts of the country where properties were more affordable had generally performed better....
...Labour, the main opposition party, has promised the “biggest boost to affordable housing for a generation”....
...Central government already has grant funding contained within Homes England, the non-departmental public body that funds new affordable housing....
...Despite the improvement in the most recent ONS data, UK housing is still on average less affordable than before the pandemic....
...Yet the cooling of the Cornish property market isn’t easing the area’s housing crisis or making life any easier for locals....
...The UK housing department said the government had delivered 696,100 new affordable homes since 2010 and “will deliver thousands more” through its £11.5bn Affordable Homes Programme....
...As a town councillor in a rural area, drafter of its neighbourhood plan, and chair of a social enterprise that regenerated a closed community hospital as affordable housing and community space, my experience...
...The SNP government’s 2024-25 cuts to funding for affordable and social housing amount to nearly £200mn or a quarter of the housing budget....
...The figures on Tuesday suggest the recovery in the housing market is continuing on the back of mortgage rates declining from their peaks in summer 2023....
...“Our commitment to building more homes and boosting social housing supply remains, and our £11.5bn Affordable Homes Programme will deliver thousands more affordable homes to rent and buy across the country...
...Nationwide warned that raising a deposit remained a major challenge for homebuyers....
...I called a few homeless charities and they all highlighted the structural problem: scant affordable housing....
...A high rate can be set on the former and a lower, affordable rate, or rates, for ordinary homeowners....
...And it can lend to retirees provided the repayments are affordable on their fixed income....
...UK house prices unexpectedly fell in March, according to fresh data that suggests a pause in the housing market recovery as mortgage rates fluctuated in early 2024....
...Separately the government is extending its affordable homes guarantee scheme — a state-backed lending programme to support the building of affordable housing — with an additional £3bn to help deliver 20,000...
...Levelling up secretary Michael Gove said the review showed Homes England was “the right vehicle to deliver more affordable homes and support our plans to regenerate towns and cities across the country”....
...“And the expected silver lining of higher interest rates — lower house prices that make housing more affordable for the next generation of homeowners — has yet to materialise.”...
...affordable homes in the county....
...Much of this activity was also at the top end of the housing ladder sector....
...The cash crunch emerged with the failure of China Evergrande in 2021 and has since weighed heavily on construction and confidence in the housing market....
...Our rural communities need more affordable housing (“Spending on affordable housing slashed despite acute shortage”, Report, January 5)....
...These rules won’t provide a quick solution to shortages of affordable homes to rent. New short-term lets that are not used as the owner’s sole or main home will in future require planning permission....
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