Tag Archives: housing

“The UK Is Putting Young People Into Indentured Servitude”

Albert Edwards, the famously bearish strategist at Societe Generale, has a new note that goes to town on U.K. chancellor George Osborne, who, as part of his budget plan unveiled in March, proposed that the U.K. get more involved in … Continue reading

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Benefits cap leads to eviction notices in trial area – Guardian

Social landlords in Haringey say changes to welfare system are forcing them to take legal proceedings to terminate leases Tenants participating in a trial of the government’s controversial benefit cap are being sent eviction letters because the¬†welfare¬†changes mean they “may … Continue reading

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House construction at 90-year low

House construction is set to plunge to its lowest level for 90 years as councils have cut their home-building targets by more than 270,000 in the past two years, a report warns. Moves to give English town halls more power over planning have backfi… Continue reading

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Britain’s real shirkers and scroungers – Shuvo Loha: Comment is free

The cost of living is not in line with income, so the state steps in ??? saving big business money and lining landlords’ pockets The autumn statement saw the chancellor lay a fiendish trap for the Labour party. He has devised a “welfare uprating b… Continue reading

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Number of homeless children soars by 60 per cent in a year

The number of children and pregnant women forced to live in bed and breakfast accommodation has risen by 60 per cent in a year, according to a new report. Homeless Bound, by the National Housing Federation, also found that over a third of families… Continue reading

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Tenants spending twice as much [proportionately] on accommodation as homeowners

Those who rent pay out over twice as much of their income on their accommodation than homeowners spend on a mortgage, new figures reveal, a financial penalty for a generation unable to buy a home, say charities. Statistics released on Thursday in … Continue reading

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More tenants in financial trouble as rental hardships hit home

More than 100,000 tenants in England and Wales owe more than two months’ rent, according to latest figures The number of tenants in severe financial difficulty rose by 8% in the second quarter of 2012, according to figures released by one of the b… Continue reading

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