Jeremy Corbyn
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Latest property news
Corbyn defends rent caps and property MOTs after savaging by landlords
Jeremy Corbyn has made the unusual step of personally defending two of his party’s most radical housing policies – rent caps and an annual ‘MOT’ for rented properties backed up by a fine of up to £100,000 for non-compliance. The policies are contained within Labour’s election manifesto launched late last week. They were immediately savaged by landlords including the Residential Landlords Association, which said both policies would ‘close down the private rented market’. An RLA statement said that Labour’s plans for rent controls linked to inflation are ‘nonsense’. “The Office for National Statistics has shown that rents are increasing by less than inflation,” the statement said. “The Party has failed to heed the warning of the Labour Chair of Parliament’s Housing Committee who has previously warned that rising rents will only be addressed when more homes are built. “The party’s former Housing Minister in Wales has also warned that rent controls serve only to reduce the quality of accommodation, choke off supply, and make it more difficult for tenants to find the homes to rent they need.” Faced by such criticism, Corbyn has defended the policies, telling the BBC that: “What we’re doing is ensuring that all tenants have somewhere…
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Features
Watch out for Labour – the bell tolls for landlords
I was listening to the news the other day with half an ear when I thought I heard a ridiculous statement made by John McDonnell, says Frances Burkinshaw.
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Guest Blogs
The post-election residential property market – is it safe as houses or should you run for sunnier climes?
As a nation we are going through changing times, with the various political parties spewing out their pre-electoral rhetoric, like the drunkard that everyone tries to avoid.
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Guest Blogs
Politics: Corbyn’s Latest Tax-Grab, Stalin-Style
Whilst few of the British reside in castles anymore (apart from our cherished Royal family), property owners of the nation regard their home as hallowed ground.
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Latest property news
Land for the many, a political plan too far? A poor reception for Jeremy Corbyn’s latest report
Few in the property business would applaud his slogan taken from ‘The Masque of Anarchy’ written 200 years ago.
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Latest property news
Is it a vote-winner? Labour plans to replace Stamp Duty and council tax
Should there be a general election anytime soon, voting homeowners may want to take note of Jeremy Corbyn’s plans to scrap council tax and replace it with a ‘progressive property tax’.
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Latest property news
Jeremy Corbyn locks horns with Strutt & Parker over “ridiculous” first time buyer research
Two of the unlikeliest political sparring partners locked horns over the weekend – agent Strutt & Parker and Labour leader Jeremy Corbyn. Commenting on Strutt & Parker’s press campaign last week that suggested first time buying couples could save up the average UK deposit of £33,000 over five years by cutting out six things from their lives, Corbyn said “we have a housing crisis that needs to be addressed, to reduce the whole thing to people drinking cappuccino…is frankly ridiculous” Items of expenditure that Strutt & Parker suggested first time buyers should cut out included on-the-go coffees (£6,248), gym membership (£5,500), mini breaks (£3,500), takeaways (£13,200), playing the lottery (£4,160) and mobile phone upgrades (£770). Out of kilter Speaking at a Labour regional meeting in Huntingdon, Cambridge (pictured, right) over the weekend Jeremy Corbyn told the Press Association that “the idea you can conflate the price of sandwiches to the extortions of the housing market is slightly out of kilter here”, he said. “We have a lot of young people who work really hard, have to rent in the private rented sector, and are spending half, even more, of their take home pay on rent, cannot save to buy, [are]…
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Latest property news
Jeremy Corbyn reveals Labour will crack down even harder on rental sector
Labour leader Jeremy Corbyn has announced that if he wins power the private rented sector would see the introduction of tougher regulation under his government. He told The Guardian newspaper today that this would include more secure tenancies, the adoption of the Conservative’s plans to ban outright fees charged to tenants, and the prevention of unreasonable rent increases. He said these would all be wrapped up within a new charter of private tenants’ rights. “We will tackle soaring rents in the private rented sector through regulation,” Jeremy Corbyn also announced on his campaign website. Labour also plans to build a million new homes including half a million new council properties during its first five years in office. “We will rebuild and transform Britain by building council homes and homes that first-time buyers can afford,” he says. Priorities “There are obviously many priorities but the crisis of housing and setting in train a housing programme that would build more council housing at socially affordable rents and ensuring there is proper regulation of the private rental sector is a very high priority for me,” Jeremy Corbyn told The Guardian. Labour strategists believe housing is one of the key concerns of ‘generation rent’ while official…
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