8.1 Housing, Rental and Homeownership

8.1.1. Housing

8.1.1.1 Local councils will be allocated housing vacated when residents move into residential care – which they will rent out as part of their council housing stock – if the resident returns then the house will be handed back – if the resident dies then the house will stay in council control and the value of the home (minus any costs from the residential care) will be returned to the dead person’s estate.

8.1.1.2. One million new homes to be established over the next parliamentary term including half as affordable / council homes.

8.1.1.3. At least ten new Garden Cities in England, in areas where there is local support, providing tens of thousands of high-quality new homes, with gardens and shared green space, jobs, schools and public transport. We will encourage rural Local Authorities to follow these principles on a smaller scale, too, developing new garden villages or suburbs as part of their plans for growth.

8.1.1.4. Ambitious targets for development on unwanted public sector sites through the Homes and Communities Agency, with Local Authorities given new powers to ensure development happens on any unused site in which the public sector has an interest.

8.1.1.5. A review of Compulsory Purchase legislation to facilitate site assembly, including for Garden Cities. We will also pilot techniques for capturing the increase in land values from the granting of planning permission, helping to deliver our Garden Cities.

8.1.1.6. A new government-backed Housing Investment Bank to provide long-term capital for major new settlements and help attract finance for major house building projects.

8.1.1.7. Allow Local Authorities more flexibility to borrow to build affordable housing, including traditional council housing, and devolve full control of the Right to Buy

8.1.1.8. Encourage affordable housing providers – both Councils and Housing Associations – to innovate, including using the development of homes for sale or market rent to help subsidise new affordable homes. We will refocus the Vacant Building Credit so it only applies to properties that have been vacant for an extended period.



8.2.2. Rent and Council Rentals

8.1.2.1.Rent caps will be introduced to reduce the profit on rental housing stock and allow people to be able to rent within their Citizens income payments.

8.1.2.2. Rental for any house will be a maximum of 1/25th of the value of the house per annum – this will give the owner a return on the investment.

8.1.2.3. Provide security for renters by guaranteeing three-year tenancies.

8.1.2.4.. Abolish the Bedroom tax.

8.1.2.5. A new Rent to Own model where monthly payments steadily accrue the tenant a percentage stake in the property, owning it outright after 30 years.

8.1.2.6. Establish a register of rented property where either the landlord or the tenant can register the property, to improve enforcement and tax transparency.

8.1.2.7. Extend the use of Rent Repayment Orders to allow tenants to have their rent refunded when a property is found to contain serious risks to health, and withhold rent from landlords who have not carried out court-ordered improvements within a reasonable period of time.