What the new government should do to support first-time buyers

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During the recent general election campaign, one key point of difference in the parties’ housing policies was that the Conservative Party pledged to introduce a new Help to Buy scheme, whereas Labour proposed alternative housing policies, largely focused on social rent.

Now elected, Labour is already pushing ahead with housing initiatives including greater powers and flexibilities in the Affordable Homes Programme, increased local authority funding for housing (to be announced in the next Budget) and changes to the Right to Buy.

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‘Ants are everywhere’: Labour MP’s tenants reveal condition of flats

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A Labour MP rents out flats with black mould and ant infestations, the BBC has discovered.

Jas Athwal, the newly-elected MP for Ilford South, owns 15 rental flats, making him the biggest landlord in the House of Commons.

In one block of seven flats owned by Mr Athwal nearly half the tenants said they had to regularly clean their bathroom ceilings to remove mould.

Mr Athwal has now also admitted his flats do not have the correct property licences required under a scheme he introduced as Redbridge Council leader.

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Few landlords will sleep easy thanks to Labour reforms threat – analyst

Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

A prominent rental market analyst is warning that elements of the reform legislation proposed by Labour “are casting dark shadows” over the lettings sector, with few landlords likely to sleep easy at possible threats to their investments.

Doug Shephard, director of the Home website – a listings platform that also conducts respected monthly market analyses for the lettings and sales sectors – says the new government’s upcoming Renters Rights Bill may prove to be final straw for many landlords.

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