A Difficult Moment to Tackle UK Housing Policy

Posted by Knight Frank Newcastle on 10th June 2022 -

Mortgage market reform

Boris Johnson made a string of housing policy announcements yesterday and I think it's fair to say the response has been muted.

Among them were proposals for housing benefit to be put towards mortgages - Resolution Foundation chief executive Torsten Bell picks through what little detail there is on that. We got Right to Buy for Housing Association tenants, plus a review of the mortgage market due back in the autumn. The latter will look at improving mortgage availability for those with low deposits and is most worth paying attention to, though there is little worth saying without more detail.

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