Lib Dems plans to address housing shortage in Islington

islington Housing700

The Liberal Democrats have announced plans to address the housing shortage in Islington and build more affordable homes.

There are currently 20,733 families in Islington on a waiting list for council homes, up from 19,196 last year.

In addition, official figures show 499 homes in Islington have been empty for over six months.

The Liberal Democrats would introduce a legal requirement for smaller housing developments to include affordable homes, make it easier for local authorities and housing associations to borrow money and set up a new government-backed Housing and Infrastructure Development Bank.

Keith Angus, Liberal Democrat candidate for Islington North said: 

"These measures will have a very significant impact, here in Islington North where provision of good quality social and affordable housing is badly needed.  I will make sure the development of the Holloway Prison site is used to provide truly affordable housing.

“This is a once-in-a-generation chance for Islington, so we need to ensure we carry through this development for the greater benefit of the people of Islington."

The party would allow local authorities to hike up council tax on empty homes by up to 200%, including second homes. Local authorities could also choose to impose penalties on developers who leave plots of land empty for over 3 years, to tackle so-called land-banking.

Alain Desmier, Liberal Democrat candidate for Islington South and Finsbury said:

“Thousands of families in Islington are struggling to find a decent and affordable place to call home.

“Many young people in particular are finding it virtually impossible to get on the housing ladder.

“The market is broken and has failed to deliver. That is why we are setting out radical plans to fix the housing crisis.

"A Conservative landslide would allow the government to take people for granted, meaning years more soaring rents and failure to build enough affordable housing.

"A better future is available. Have hope, vote Liberal Democrat and we can change Britain's future and build the affordable homes Islington needs."

 

Read Further

GE2017 Lib Dems’ policies for Islington North

GE2017 Lib Dems’ policies for Islington South and Finsbury

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GE2017: The Lib Dems’ plan to save our NHS & Social Care system

GE2017: Lib Dems will invest over £45 million to protect school funding in Islington

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To address the huge shortage of housing in the UK, the Liberal Democrats have committed to:

  • Directly build homes to fill the gap left by the market, to help reach our house-building target of 300,000 homes a year, through a government commissioning programme to build homes for sale and rent 
  • Set up a new government-backed Housing and Infrastructure Development Bank to provide long-term capital for major new settlements and house building projects 
  • Enable local authorities to penalise excessive land-banking when builders with planning permission have failed to build after 3 years 
  • Allow councils to levy up to 200% Council Tax on empty homes including second homes and ‘buy to leave empty’ investments from overseas 
  • Ensure 500,000 affordable, energy-efficient homes are built over five years 
  • Scrap exemptions on smaller housing development schemes from their obligation to provide affordable homes 
  • Lift the borrowing cap on Local Authorities to build more social homes for rent 
  • Increase borrowing capacity of Housing Associations through increased access to finance