'The public support action to address housing shortage, by advertising new homes in the UK first' - HomeOwners Alliance

  • Date: 29/03/2015

'Voters support action to address housing shortage, by advertising new homes in the UK first.

  • Homeowners support raising inheritance tax threshold
  • Support for increasing tax on homes over £2m, but new council tax preferred over a new annual property tax or ‘mansion tax’
  • Ending the Right to Buy most evenly divides the electorate
  • Programmes to support first time buyers are popular

'With an election a matter of weeks away, our 2015 Homeowner Survey, sponsored by BLP Insurance, myhomemove and Trustmark, asked the UK public which of the major housing policies touted by political parties they support.

'The survey shows support for advertising new homes in the UK before they are marketed abroad (80%).  Such policies are much more popular than introducing a new annual property tax or “mansion tax” (60%), raising the threshold of inheritance tax (51%), or ending right to buy (42%).

'Wayne Tonge, BLP Insurance, said:  “The unwavering popularity of initiatives to help first time buyers is no surprise and we applaud anything to help give aspiring homeowners a foot on the ladder. However the buck does not stop there and the whole industry needs to get on board to meet this increasing demand for homes.  We need to make sure that we are building homes to last rather than simply chasing a house building statistic.  Opposition to building on Green Belt Land highlights one of the biggest challenges faced by developers today – the shortage of available land. With solutions to the problem few and far between, we welcome any move to enable communities to take back under-used or unused land owned by Local Authorities." '

Visit the HomeOwners Alliance website to view all the findings.

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