Tory London mayoral candidate: homeless can save for house deposit Tory London mayoral candidate: homeless can save for house deposit
Posts 1 to 10 of 10
  1. #1

    My post count is Majestic

    AtW is always on top

    AtW's Avatar
    Join Date
    Jul 2005
    Posts
    58,814

    Default Tory London mayoral candidate: homeless can save for house deposit

    "The Conservative candidate for London mayor has sparked controversy after suggesting that homeless people in the capital would be able to save up for a £5,000 deposit to buy a share in a newly-built affordable home.

    Shaun Bailey has promised to deliver 100,000 affordable homes with his £4bn housing budget if he wins the election in April, many of them shared ownership, of which buyers would be able to purchase a share for as little as £100,000.

    Asked in an interview with Inside Housing how this policy would benefit the capital’s 62,670 households currently in temporary accommodation, Bailey said he would encourage them to apply for shared ownership properties.

    Asked how these families would produce a £5,000 deposit and secure a mortgage, he said: “I don’t think the £5,000 will [be a problem]. The mortgage application thing might be a bit tougher … they could save for it, yeah.”"

    Tory London mayoral candidate: homeless can save for house deposit | Homelessness | The Guardian

    That's the best Tory candidate after Honest Boris?

  2. #2

    Godlike

    Whorty is a fount of knowledge

    Whorty's Avatar
    Join Date
    Dec 2014
    Location
    South West
    Posts
    5,584

    Default

    Quote Originally Posted by AtW View Post
    "The Conservative candidate for London mayor has sparked controversy after suggesting that homeless people in the capital would be able to save up for a £5,000 deposit to buy a share in a newly-built affordable home.

    Shaun Bailey has promised to deliver 100,000 affordable homes with his £4bn housing budget if he wins the election in April, many of them shared ownership, of which buyers would be able to purchase a share for as little as £100,000.

    Asked in an interview with Inside Housing how this policy would benefit the capital’s 62,670 households currently in temporary accommodation, Bailey said he would encourage them to apply for shared ownership properties.

    Asked how these families would produce a £5,000 deposit and secure a mortgage, he said: “I don’t think the £5,000 will [be a problem]. The mortgage application thing might be a bit tougher … they could save for it, yeah.”"

    Tory London mayoral candidate: homeless can save for house deposit | Homelessness | The Guardian

    That's the best Tory candidate after Honest Boris?
    To be fair, he has a point ... maybe if they cut down on the champagne and caviar to just twice a week, they should be able to save a bit more. Or something ....
    I am what I drink, and I'm a bitter man

  3. #3

    Fingers like lightning

    jayn200 has more data than eek


    Join Date
    Feb 2020
    Posts
    682

    Default

    “Not all of them, but some people could. A full proportion of people could.”

    He added: “I know about that situation, I sofa surfed for years. You’re right, I definitely couldn’t have come up with £5,000, but those people I’m not expecting to or asking to. We’ll provide social housing for them.
    But hey your headline is much catchier.

  4. #4

    More time posting than coding

    dsc is a permanent contractor


    Join Date
    Jul 2018
    Posts
    344

    Default

    It's the little things that add up, like closing the tap when brushing teeth or turning off the lights in the rooms which are not occupied...oh wait...

  5. #5

    Double Godlike!

    Paddy is a fount of knowledge

    Paddy's Avatar
    Join Date
    Jul 2006
    Location
    Plague Island
    Posts
    11,425

    Default

    Quote Originally Posted by Whorty View Post
    To be fair, he has a point ... maybe if they cut down on the champagne and caviar to just twice a week, they should be able to save a bit more. Or something ....
    If the homeless can't afford a house, let them buy a flat: Marie Antoinette (Tory) MP
    "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

  6. #6

    My post count is Majestic

    SueEllen is always on top

    SueEllen's Avatar
    Join Date
    Nov 2005
    Location
    in the Park
    Posts
    32,017

    Default

    Quote Originally Posted by jayn200 View Post
    But hey your headline is much catchier.
    To be fair I suspect Sean Bailey ran his mouth and when the journalist questioned him a couple of times, he realised he was talking tulip.

    One of the things about being a politican now is you need to be able to deal with the media including social media in a calm manner. One way to do this is get your own radio show.....
    "You’re just a bad memory who doesn’t know when to go away" JR

  7. #7

    My post count is Majestic

    vetran has reached the peak. Play again?

    vetran's Avatar
    Join Date
    Jul 2005
    Location
    Come Friendly Bombs
    Posts
    37,246

    Default

    If they built enough homes in the capital then much of the issues would be sorted, alternatively they could diversify from London and pressures would be eased.

    Housebuilding by numbers: how many homes should London be building? | Features | Building

    London’s Labour mayor, Sadiq Khan, was elected promising to make building more homes his “single biggest priority” in office. His manifesto derided his predecessor’s failure to build 50,000 houses a year, and promised to “break the home-building logjam” and to make 50% of new homes affordable. Since being elected, he has presided over the creation of a hugely ambitious draft London Plan, targeting construction of even more homes - 65,000 a year.
    But cold, hard reality is hitting home. The latest government housebuilding figures show Khan’s London is heading backwards – fast. Net additions to the housing stock – which include conversions and changes of use – were down by 20% in London in the year to April, dropping to 31,723. That’s under half the building rate promised in his draft plan. It’s also virtually the same number built in predecessor Boris Johnson’s final year in office.
    £5000 is not an unreasonable deposit for poorer Londoners to save, it is what I paid as a deposit on my first house ~25 years ago (I was earning the median salary then) it was a quarter of average salary, now it is a fifth. Homeless people as he says should get access to social housing which we are not building enough of.

    Revealed: the widening gulf between salaries and house prices | UK news | The Guardian.
    "If you didn't do anything that wasn't good for you it would be a very dull life. What are you gonna do? Everything that is pleasant in life is dangerous."

    I want to see the hand of history on his collar.

  8. #8

    Double Godlike!

    Paddy is a fount of knowledge

    Paddy's Avatar
    Join Date
    Jul 2006
    Location
    Plague Island
    Posts
    11,425

    Default

    Quote Originally Posted by vetran View Post
    If they built enough homes in the capital then much of the issues would be sorted, alternatively they could diversify from London and pressures would be eased.

    Housebuilding by numbers: how many homes should London be building? | Features | Building



    £5000 is not an unreasonable deposit for poorer Londoners to save, it is what I paid as a deposit on my first house ~25 years ago (I was earning the median salary then) it was a quarter of average salary, now it is a fifth. Homeless people as he says should get access to social housing which we are not building enough of.

    Revealed: the widening gulf between salaries and house prices | UK news | The Guardian.
    Jesus Christ, London is so expensive that after paying rent and living expenses there is very little disposable income left for Mr/Mrs average, this is opposite to those living in cheaper rented properties in the North of England. (There are statistics showing this).
    "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

  9. #9

    My post count is Majestic

    vetran has reached the peak. Play again?

    vetran's Avatar
    Join Date
    Jul 2005
    Location
    Come Friendly Bombs
    Posts
    37,246

    Default

    Quote Originally Posted by Paddy View Post
    Jesus Christ, London is so expensive that after paying rent and living expenses there is very little disposable income left for Mr/Mrs average, this is opposite to those living in cheaper rented properties in the North of England. (There are statistics showing this).

    It is the Government and in this case specifically the London Mayor responsible for the cost of living in London Sky Faeries have nothing to do with it.

    If you want to fix a problem you need to fix the causes not the symptoms.

    1.The UK and especially London have a population that is growing dramatically.
    2. The Government for decades has failed to build enough houses to house this new population or replace failing houses.
    3.The Government has failed to provide enough decent transport options for those who want to enter London for work.
    4.Whenever something is in shortage its price tends to rise.

    The above do indeed cause living in London to be expensive but £5000 is not an insurmountable amount if two or more live together and earn £25k, it is £100 a week for a year or £100 a month for four and half years.
    "If you didn't do anything that wasn't good for you it would be a very dull life. What are you gonna do? Everything that is pleasant in life is dangerous."

    I want to see the hand of history on his collar.

  10. #10

    My post count is Majestic

    SueEllen is always on top

    SueEllen's Avatar
    Join Date
    Nov 2005
    Location
    in the Park
    Posts
    32,017

    Default

    Quote Originally Posted by vetran View Post
    It is the Government and in this case specifically the London Mayor responsible for the cost of living in London Sky Faeries have nothing to do with it.
    The Mayor can make London-wide policies but if an individual London Council doesn't agree they won't give a development planning permission. The council then can be overruled by the Communities Secretary. The Mayor only really has control of the land TFL has.

    Quote Originally Posted by vetran View Post
    If you want to fix a problem you need to fix the causes not the symptoms.

    1.The UK and especially London have a population that is growing dramatically.
    It may start falling particularly in inner London after the pandemic and due to Brexit.

    Quote Originally Posted by vetran View Post
    2. The Government for decades has failed to build enough houses to house this new population or replace failing houses.
    The Government doesn't build houses.

    Local authorities don't build houses.

    Local authorities sometimes with government intervention give developers including Housing Associations planning permission.

    Some councils have been slow to do this.

    Some councils haven't been but then the developer sits on the land until house prices go up. There is land near me that has been boarded up for development since 2016.

    Quote Originally Posted by vetran View Post
    3.The Government has failed to provide enough decent transport options for those who want to enter London for work.
    Cross rail is suppose to solve this.


    Quote Originally Posted by vetran View Post
    4.Whenever something is in shortage its price tends to rise.
    Which is why developers sit on land.


    Quote Originally Posted by vetran View Post
    The above do indeed cause living in London to be expensive but £5000 is not an insurmountable amount if two or more live together and earn £25k, it is £100 a week for a year or £100 a month for four and half years.
    He was asked about homeless people. I doubt many of them particularly now hold down a job.
    "You’re just a bad memory who doesn’t know when to go away" JR

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •