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A former Conservative councillor has used a leading party website to call on the government to restrict the purchase of buy to let properties.
Sam Clark is a former Conservative councillor living in Epping Forest in the south east of England, and writes on the Conservative Home website: “We are repeatedly told that what the country needs is more housing. In Epping Forest’s local plan, it is expected 11,400 houses will be needed over the next decade. The logic presumably being that more houses will bring down the cost for first time buyers trying to get on the property ladder.
“It doesn’t quite work like that though does it? It is easier to buy a property if you already own a property. The policy is incorrect. Real reform of the housing market is needed.
“It won’t happen – but I would argue a Conservative government should restrict the purchase of properties for the buy to let market. This would be transformative, allowing the UK to once again become a home-owning democracy. It would help young people who find themselves in a vicious cycle of renting and who are unable to save up for a deposit.”
In the article Clark develops a theme that large scale new-build schemes are unpopular, especially if they are constructed without commensurate infrastructure and amenities and are placed over currently-green sites. He says a string of Conservative council seats - his own included - have been lost or made marginal because of the unpopularity of new housing.
He concludes his piece:” The Conservative Party needs to focus on conserving our natural environment and heritage. In this way, we can be seen to be on the side of local residents in rural areas. At the moment, we are giving out the idea that a Conservative vote is a vote to concrete over your area. Without reform to planning laws, we will continue down our current trajectory at our peril.”
Amongst the comments at the end of the article is one, from ‘Dave’, saying: “Apart from banning the letting of houses, I have no idea what is being proposed here.”
You can read the complete article and many comments here.
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The Conservatives have really lost the plot lately.
Even if that wasn't a completely daft idea in a housing crisis, it's Tory policy that has turbo charged house prices over the last decade, 15% in the last 18 months alone, and made home ownership virtually impossible for the majority of young people, whilst at the same time suffocating the prs that has forced rents to a new all time high, meaning those same young people will never have enough disposable income to save for a deposit.
Sadly nothing they do of late has seemed at all true blue Conservative, more Green mixed with shades of red Labour. Perhaps they are transitioning into the Rainbow party. They already have Zippy as the leader and Bungle as the Home Secretary.
What fresh idiot is this?! If you take away rentals, you increase the chance of homeownership??? Where do the renters live before they become homeowners in his ridiculous world??
Immigration Flood gates ! Do the Kent Police do anything other than watch drug and people smugglers ?.
Headline should read, ' EX - conservative Councillor advocates Communism '
Not such a crazy thought, exit via the gift shop. BTL has damaged the housing market for first time buyers big time.
No it hasn't. You need to pick up an economics book.
Max Boyne, who are you? You obviously cant count.
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