Originally published as a column for Inside Housing on August 3.
If the Right to Buy has a birthplace it’s a terraced house at 39 Amersham Road in Harold Hill, near Romford in Essex.
True, the sale was the 12,000th rather than the first and 11 August, 1980 was not the actual birth date of the policy either.
However, both have come to symbolise the Right to Buy because this was the place and that was the day that Margaret Thatcher came for tea.
The former prime minister joined the Patterson family, who had bought their home for £8,315 after 18 years as tenants of the Greater London Council (GLC).
Two things came together to remind me of that photo opportunity this week: first, archive footage used in the film Dispossession (full review to follow soon); and second a good investigation by the local paper of hidden homelessness in the area.
Originally published as a column for Inside Housing on July 12.
How difficult should it be for Kensington and Chelsea to find new permanent homes for the families made homeless by the Grenfell Tower fire?
A month on from the disaster, new council leader Elizabeth Campbell promised on the Today programme this morning (listen from around 2:10:00) to build new council homes and buy existing ones.
So far 68 social rented homes have been reserved for the families at a new development in Kensington but they were always going to be affordable housing anyway, built under a Section 106 agreement and bought by the City of London Corporation.
Only 14 out of the 158 Grenfell families currently living in hotels have accepted offers of temporary accommodation as they wait for permanent homes.
Cllr Campbell, who is also the new cabinet member for housing and regeneration, gave a contrite but awkward interview in which she claimed (wrongly) that the Royal Borough would be the first in London to build new council homes and admitted (eventually) that she has never been inside one of the council’s tower blocks.
However, she did at least perform better than her predecessor as leader, Nick Paget-Brown, and another Tory councillor, Catherine Faulks, who made an embarrassing appearance on the same programme last week.
Originally posted on May 9 on Inside Edge 2, my blog for Inside Housing
The May elections have a common theme when it comes to housing: can the winners really do what they say?
From Sadiq Khan to Marvin Rees, from Nicola Sturgeon to Carwyn Jones and from council leaders all over England to the voters of St Ives, winning the elections last week was the easy bit. The hard work starts now.
I’ll start with the poll closest to me: the referendum in St Ives on a Neighbourhood Plan that will ban the building of new second homes that has brought national attention.
More than 80% of residents supported the plan last Thursday and it’s impossible not to sympathise. Around a quarter of the homes in St Ives are either second homes or holiday lets and the problem is even worse in other Cornish communities. That does not just price out locals it also means a lack of year-round residents that makes it hard to sustain vital services and infrastructure.
Next time you read about ‘fat cats’ earning more than the prime minister here’s something to bear in mind: so does his house.
The summarised tax returns released by David Cameron this weekend show that he had a total taxable income of just over £200,000 in 2014/15. The first £141,000 of that were his earnings as prime minister: he has not taken a pay rise since 2010 and has also voluntarily waived a £20,000 prime ministerial expenses deduction since 2011.
Most of the Panama Papers coverage has concentrated on Cameron’s links to his father’s offshore fund and an inheritance gift from his mother. However, he is also the first prime minister to rent out his existing home while living tax-free in Downing Street. The accounts show that he had a net rental income of £47,000 from letting out his house in Notting Hill, an amount that notes to the accounts confirm is his 50 per cent share of the proceeds:
So the total rent (after expenses) received by the Camerons last year was £94,000 and in the first five years since he became prime minister they gained a total of £432,000 in rent.
However, that is not the total amount they will have ‘earned’ from their house as London house prices have also soared over the same period. The exact value of the Cameron house is hard to pin down, since they are reported to have spent £600,000 on renovations after buying it in 2006. Some reports put the value at £2 million in 2010, others £2.7 million.
Originally posted on February 4 on Inside Edge 2, my blog for Inside Housing
The person who sprang instantly to mind when I saw the promotional material for London Help to Buy on Twitter this week was Lizzie Magie (of whom more later).
The scheme offering 40% equity loans to buyers of new build property in London costing up to £600,000 was first announced in the Spending Review and formally launched this week. Here (thanks to Joe Sarling for drawing my attention to it) is the advert designed for digital media:
— Help to Buy (@helptobuy) February 3, 2016
The Angel, Islington, costs a little bit more than £100 these days and with studio apartments in one new development starting at £715,000 you can forget about building a house for £50 or renting one for £6. But you get the general idea: it seems that you can now get on the property ladder as easily as you can ‘Advance to Mayfair’ or ‘Go Back to Old Kent Road’.