Theresa May is facing pressure from Conservative council leaders to invest more in low-cost rented homes, amid growing concern at local authority level that not enough is being done to fix Britain’s housing crisis. Here's how | Larry Elliott Read moreThe survey of 121 Tory council leaders and heads of housing from across the country, funded by the Joseph Rowntree Foundation, found an overwhelming majority – 96% – wanted low-cost rented homes to form part of the solution. According to the study, the average contribution from parents towards housing is expected to decline from £21,600 in 2017 to £18,000 this year. Joseph Rowntree said it was calling on the government to deliver at least 80,000 low-cost rented homes a year in order to make the housing market work for more people. The Tories have promised to deliver an average of 300,000 homes a year by the mid-2020s, up from 217,000 in 2016.

Source: The Guardian May 28, 2018 22:52 UTC