Property prices are ultimately going to kill London. I've got nothing against bankers, lawyers and management consultants per se, but a city populated entirely by these professions wouldn't be able to lay any claim to being the greatest in the world. What makes London so intoxicating and fascinating is the mixture
We can't afford to be caught unaware like this again. There is too much at stake: the country is in a housing crisis and needs housing associations to build homes, while millions of people around the country depend on them for shelter. These businesses need to be strong and must be able to weather even the harshest of storms.
Low income families are penalised by the poverty penalty that forces them to pay more for essential goods and services, because they are so often excluded from mainstream credit. This creates a cycle of debt and poverty, making it much harder for people to run a home, or in extreme circumstances, leaves them unable to afford the absolute basics such as beds and fridges. Unsurprisingly, the poorest and most vulnerable families are most likely to suffer from living in what are effectively "broken houses".
In London, the population is forecast to grow to nine million by 2020, and at present, there are 180,000 developments that are currently stalled in the city. Overly ambitious affordable housing targets are stifling the development of new homes, and that is why I recently called for London's 33 local councils to take a flexible approach to affordable housing requirements.
Selling a home is stressful -- hair-pulling and sleepless nights stressful. Getting the most out of your estate agent is vital in making the process as painless as possible; that begins with choosing the right agent, one who will be with you every step of the way. Here are 4 questions you need to ask.
Finding a property to rent can be a daunting task, and after all the appointments, viewings and offers you are sure to be relieved once you have finally secured your ideal home. Your attentions can now be focused on moving in, but before you consider how to get that piano through the door, there are a few things you should find out from your landlord.
We desperately need housing to be a national priority to deliver a huge increase in new homes. Our continued failure to tackle this problem head on hits millions of families hard, denies people the opportunity to buy their own home, traps increasing numbers of working people in benefit dependency at huge cost to the public purse and acts as a real brake on economic growth.