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Election 2015 – Manifesto Review
Election 2015 – Manifesto Review
Although the four main election parties agree that housing needs a shake up their strategies differ so here’s our easy to read overview of the key points from their manifestos:-
| Conservative | Extend Right to Buy to 2.5 million Housing Association tenants |
| Labour | Build 200,000 new homes a year by 2020 |
| Lib Dem | Build 300,000 houses per annum – partly by building 10 new garden cities (5 of which will be along a re-opened Oxford to Cambridge railway) |
| UKIP | Wants 1 million new homes to be built on brownfield sites by 2025. |
| Conservative | Local Authorities forced to sell most valuable council homes and replace with cheaper. Money raised to be invested in brownfield development fund |
| Labour | Force providers of Help to Buy ISA to invest money into a future-homes fund |
| Lib Dem | Compulsory purchase laws to be amended so that significant amounts of land will be assembled at low cost and the “profit” when developed will be used for infrastructure costs |
| UKIP | Create a register of brownfield sites and offer grants up to £10k per plot to assist meet decontamination costs |
| Conservative | Developers of brown field sites to be excused from paying infrastructure costs and from providing affordable housing in return for restricting prices to less than £250k (£450k in London) |
| Labour | Builders holding land-banks to be forced to sell the land if they don’t use it. |
| Lib Dem | Rent to own – tenants of housing associations would own their house after paying rent for 30 years |
| UKIP | Houses sold on brownfield sites for under £250k would attract no stamp duty on first sale |
| Conservative | London Land Commission to be set up to identify and release public owned land. |
| Labour | Towns that have overstepped their boundaries can force their neighbouring authorities to release land for development |
| Lib Dem | Owners who improved their property by 2 “energy” bands will have their council tax reduced by £100 p.a. for 10 years |
| UKIP | Remove central government targets for new building by local authorities |
| Conservative | To encourage self-build local authorities forced to allocate land for individual builds |
| Labour | 3 year tenancy to become standard but with a break clause for tenants only |
| Lib Dem | Encouragement of multi-year tenancies and help tenants to cover their deposits through “help to rent” loans |
| UKIP | Planning permissions granted on “large” developments could be overturned by protesters able to gather signatures from 5% of local electorate – there would be a binding referendum |
| Conservative | Properties worth up to £1million to be free of inheritance tax |
| Labour | Ban “unfair” letting fees and restrict rent rises |
| Lib Dem | Landlords to be forced to refund rent if they fail to correct defects |
| UKIP | Equity loan part of Help to Buy extended to 2020 Ra |
| Conservative | Help to Buy ISA available to top up deposits by up to £3000 |
| Labour | |
| Lib Dem | |
| UKIP |
For a more detailed look at each parties Manifesto, follow the links below:
