Jurisdiction(s):
United Kingdom

UK Affordable Housing Crisis: Causes, Policy and Regulatory Measures, Funding Models, Mergers and Brexit

Published on: 11 September 2017

Published by a LexisNexis Planning expert

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Article summary

What crisis is the UK currently facing in terms of housing?

Anyone paying even minimal attention recognises the shortage of truly affordable homes. Aspiring first-time buyers struggle ever more to step onto the property ladder, rents continue to rocket, and homelessness is climbing. Earlier in 2017, trade union campaigners and community figures issued an open letter demanding more social housing and condemning the ‘severe harm’ caused by ‘precarious, unaffordable, substandard’ homes. They sensibly stressed that building genuinely affordable dwellings is essential, and that this hinges on sustained government funding and resolve. In May 2017, Inside Housing reported that fewer than half of Right to Buy replacements qualify as social housing. Inside Housing further noted that Sheffield Hallam University, for the Consortium of Associations in the South East, warned that government proposals to cap housing benefit at Local Housing Allowance levels would exclude 84% of young people in low-paid, insecure work from all housing choices across the South East. Research by the letting agency Countrywide has shown a rise in the number of tenants who are...

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