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Political Parties Focus On Housing In Attempt To Win General Election

Political Parties Focus On Housing In Attempt To Win General Election

Conservatives Want  Tenants To Have

Right To Buy Housing Association Properties

With the UK’s General Election called on the 7th May 2015 it is almost time to decide which of the political parties you will vote for.

Election campaigning usually sees a raft of ill thought out policy ideas being spouted by politicians in an attempt to win public support and publishing election manifesto’s that promise to deliver what each political party thinks the public want.

On the run up to the election Spotlight will examine some of the key statements and manifesto hype about the UK housing market and private rental sector used to influence public support.

It appears that all political parties will focus on these topics to win the hearts and minds of voters, regardless of whether the ideas are good or not.

In fact, housing will be one of the biggest issues facing the country at the General Election in May. Polling by Ipsos Mori suggests that the cost of housing is of growing importance to the UK public. In 2010 only 5% of those polled ranked it as their biggest concern but by 2014 this figure had almost trebled to 14%.

With this in mind, one of our reporters spotted this gem of an article in the Huffington Post written by David Orr, the Chief Executive of the National Housing Federation (NHF), entitled:

Seven Reasons Why Extending ‘Right to Buy’ to Housing Associations Is Plain Bad Policy

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Flood Insurance Plan Leaves Rental Properties Unprotected

Flood Insurance Plan Leaves Rental Properties Unprotected

New Flood Insurance Plan Leaves Private Rental Sector Properties Unprotected

The ill timed Government announcement over the changes to flood insurance does little to reassure property owners and landlords about flood insurance price rises as huge swathes of the country remain flooded after the winter storms.

The Government has finally reached a deal with the Association of British Insurers (ABI) to replace the ‘Statement of Principles’ agreement of the Water Bill, that was originally due to expire on 31st July 2013, under which insurers offered affordable flood insurance coverage to a majority of households in return for the Government maintaining spending on UK flood defences.

The British Property Federation (BPF) reported that an alliance of property industry leaders and the Council of Mortgage Lenders (CML) had huge concerns about the new plan, called Flood Re.

A number of organisations have already called for urgent amendments to the Water Bill, after it emerged that a significant number of properties that had been expected to be included within Flood Re, would instead be excluded.

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