You are here: Home - News -

Housing minister admits housing could be Tories’ downfall – report

by:
  • 03/10/2017
  • 0
Housing minister admits housing could be Tories’ downfall – report
Housing minister Alok Sharma has admitted that housing policy could be the downfall of the Conservatives at the next election.

According to reports, Sharma acknowledged that people needed to feel a “sense of fairness” in the housing market in 2022, when the next election is due to be held.

He also said there need to be a greater focus on homes to buy as well as homes to rent.

Earlier this week, communities secretary Sajid Javid unveiled a series of policies to support renters, several of which have been welcomed.

However, this followed an announcement by the prime minister of a further £10bn commitment for the Help to Buy scheme – a move which has attracted sharp criticism.

 

Next election issue

Speaking on a panel at the Conservative party conference, Inside Housing reported Sharma’s warning that: “If we don’t get this right as a Conservative Party we will have an issue at the next election.

“The reason people will superficially find some of the things that Corbyn is saying attractive is because they don’t have skin in the game… That’s the point, you’ve got to give people a stake.

“I’m a great believer in the fact when it comes to homeownership that it is a great social leveller – as well as building homes to rent we want people to have homes to buy,” he added.

Sharma was appointed as housing minister in June following then minister Gavin Barwell’s defeat in the General Election.

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
Renters left out in the cold, says Shelter

Renters in England are struggling to pay their rent and spending far more of their income on housing than those...

Close