[ad_1]
Prime Minister Boris Johnson is expected to unveil a flagship policy today to help more people onto the property ladder.
It is reported to include extending Right to Buy to social housing tenants and changing regulations so that people can use money they receive from housing benefit to get mortgages and make monthly payments.
The proposals, revealed by The Times, claim Johnson is also expected to announce a review of the mortgage market to see if there are ways to reduce the deposit a borrower needs when applying for a home loan.
It comes just days after Johnson survived a no-confidence vote.
The vote was held on Monday and Johnson narrowly avoided an ousting, with 211 voting for him and 148 against.
He had spent the day shoring up support among MPs in private meetings, with some reports suggesting that a housing-related announcement is on the cards.
He is reported to have told MPs: “If I am here later this week – and I very much hope that I will be – (Housing Secretary) Michael Gove and I will be setting out plans to kindle that dream of home ownership in the hearts of millions who currently believe it is beyond their means.”
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window,document,'script',
'https://connect.facebook.net/en_US/fbevents.js');
fbq('init', '1951379978420555');
fbq('track', 'PageView');
[ad_2]
Source link