social housing

'Appropriate time'

Voluntary guidelines for lenders, which state repossession should only be a last resort, should be binding on all lenders, according to the Liberal Democrats.

A survey of members of the Intermediary Mortgage Lenders Association (IMLA) found that more than half have little confidence in the Government's new housing policy.

Gordon Brown has started his new role as Prime Minister with a flurry of new legislation and initiatives in order to negate the threat of the populist Conservative leader, David Cameron.

The Government is expected to release a green paper today, which proposes allowing people to buy less than a fifth of a home to make it easier for first time buyers to get on the housing ladder.

The Conservative Party is considering the reintroduction of the right-to-buy scheme and widening of shared ownership for first-time buyers if elected into government.

As an announcement concerning the date of the next General Election looms ever close the Government has announced further details regarding its Homes for All initiative.