Labour Manifesto 2017
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HOME<br />
OWNERSHIP<br />
The number of home-owning<br />
households has fallen by 900,000<br />
for the under-45s since 2010.<br />
<strong>Labour</strong> will back first-time buyers<br />
to buy that special first home. The<br />
number of affordable homes to buy<br />
has plummeted by two-thirds under<br />
the Conservatives, so we will build<br />
thousands more low-cost homes<br />
reserved for first-time buyers. e<br />
will guarantee Help to Buy funding<br />
until 2027 to give long-term certainty<br />
to both first-time buyers and the<br />
housebuilding industry. e will also<br />
give local people buying their first<br />
home first dibs’ on new homes built<br />
in their area to give them confidence<br />
that new homes will be available to<br />
them and their families.<br />
After seven years of failure under<br />
the Conservatives, <strong>Labour</strong> will build<br />
the new homes first-time buyers<br />
need just as <strong>Labour</strong> councils have<br />
been doing right across the country,<br />
building an average of nearly<br />
1,000 more new homes than<br />
Conservative councils.<br />
e will back those who own their<br />
homes, including home-owners who<br />
own their home as leaseholders and<br />
who are currently unprotected from<br />
rises in ground rent’ from developers<br />
or management companies. <strong>Labour</strong><br />
government will give leaseholders<br />
security from rip-off ground rents<br />
and end the routine use of leasehold<br />
houses in new developments.<br />
CHAPTER 06 SC HS LL 61
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