Tag: Northern Rock

Could scrapping stamp duty silence noisy neighbours?

Housing is one of the big stories of the year, in terms of the impact it has on the economy and our lives. But a glance at the daily headlines reveals very little about the issues the sector faces that is new in itself, and merely seems to confirm what we already know.

Inside Housing, for example reports findings from a poll by Safestore which looks at public views on home ownership. The storage and removal company used that old PR tactic – a survey – to highlight familiar concerns (that we can’t raise the money we need to buy) and package these as a ‘finding’ that half  the country won’t be able to buy a home in the future.

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Is ‘self build’ the answer to our housing headache?

I remember the feeling as a reporter when I wrote about workers who were taking action over what they perceived to be bad wages, and would realise they were paid more than me.

I’m reminded of this today when I hear of measures aimed at helping young families onto the housing ladder and the need to address the country’s housing crisis. I am not debt ridden, or badly paid. But when Grant Shapps talks of young families who are caught in a pincer movement between the paucity of available credit, high housing prices and the substantial deposits needed to get decent mortgages, it feels like he could be talking about me.

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