Housing in Great Britain
HOUSING IN GREAT BRITAIN
? HOME OWNERSHIP (OWNER OCCUPATION) (70%) ? Most popular tenure ? A good investment ? Government encourages home ownership (RTB) ? SOCIAL HOUSING (20%) ? For those on state benefits/grants ? Income not sufficient to fund a mortgage ? PRIVATE RENTING (10%) ? Landlords rent for profit (deregulated)
? Owner occupation has increased substantially over the last 25 years. In 1971 only 50% of households were owner occupied, but by 1996 the proportion had grown to include over half of the private households (68%). This growth accelerated during the eighties reflecting the ?Right-to-Buy‘ legislation together with the dominance of owner occupation in new building. ? Right –to-Buy (RTB)
? The Government is totally committed to the principle of the Right to Buy scheme, first introduced in 1980 at Thatcher‘s Administration . It contributes to the Government's aim of a decent home for all, offering everyone the opportunity of a decent home and so promote social cohesion, well being and self-dependence. The Right to Buy Scheme has helped 1.6 million council tenants in England to realize their aspirations to own their homes. This scheme enables local authority tenants of two years to buy their homes at a discount. It is targeted at well-established public tenants, with the discount increasing in rough proportion to the years they have been paying rent. The Right To Buy scheme is open to virtually any secure tenant who can afford to buy with the exception of dwellings occupied in connection with their employment and housing specially provided for the elderly and (in certain cases) the disabled.
? Traditionally provided by local councils (also called local authorities) ? 1980‘s ?Right to Buy‘ introduced ? Councils stopped building ? Housing Associations became the main providers of new social housing
Housing Association (HA)
Housing associations in the United Kingdom are independent not-for-profit bodies that provide low cost housing. They first appeared in the second half of the 19th century as part of the growth in philanthropic and voluntary organizations brought about by the growth of the middle classes in the wake of the Industrial Revolution. Housing associations increased in importance over the last decades of the 20th century due to reforms to council housing brought in by the Thatcher government, when rules were introduced that prevented councils subsidizing their housing from local taxes. This, combined with cost-cutting initiatives in local government led to many councils transferring their housing stock to housing associations. Housing associations are now the providers of most new public housing in the UK. At the start of 2003 there were around 1400 non-profit housing organizations, owning or managing approximately 1.8 million homes.
Housing Act 1996
? the Housing Act 1996, a major piece of legislation on ho