How the Housing White Paper aims to fix ‘Britain’s Broken Housing Market’
The start of this month saw the publication of Fixing Our Broken Housing Market, a far reaching White Paper on Britain’s housing market. Its aim is to address the UK’s housing crisis by increasing density in urban centres and the creation of Garden Towns. Greater local authority control over planning applications and more affordable housing are among the other proposals.
The White Paper opens with the line that the UK’s housing market is broken. It also states how fewer young people are getting on the property ladder. To fix Britain’s Broken Housing Market, it suggests speeding up the development time of new schemes from three years on average to two years. It states the need to build houses “in the right places”, which in layperson’s terms could be due to market forces as well as localised plans.
Also part of the prescription is greater transparency in the planning system. That in the context of local infrastructure needs, from health centres to shopping precincts and bus routes. It also proposes greater competition in the housing market. This part of the white paper is traditional post-1980 Conservative Party thinking. That of challenger companies hoping to ruffle the feathers of established incumbents. On the other hand, this could allow for innovative thinking by architects and self-builders.
The White Paper in relation to affordable housing
Towards the end of the paper, the fourth step focuses on affordable housing. An income eligibility cap of £80,000 is proposed (or £90,000 in London) for starter homes, a plan which aims to offer affordable housing for key workers. Another proposal entails the definition of Affordable Private Rented Housing: in other words, rent controls for privately let houses.
The White Paper offers some extra powers for community involvement and the local authority’s role in planning applications. But the paper doesn’t go far enough. There is nothing in the paper about clamping down on bogus landlords (Rachmanism). There are no immediate solutions like rent controls. It is clearly a case of ‘must try harder’: a C- grade in our view.