The tectonic shift that has occurred in the global financial markets means that the housing landscape in the UK will never be the same again. One result will be that many thousands of UK households will be caught in the gap between affordable rent and home ownership. The ‘New Foundations’ model is a new form of intermediate home ownership that can ensure these new and emerging households have access to a decent home that they can afford, and allows them to accumulate a financial stake.
Through housing co-operative and other mutual organisations, tenants and residents have taken real control over decisions that affect their lives and created strong and cohesive communities. We should take action to embed co-operative and mutual housing solutions at the heart of its overall strategy.
Download the Co-operative Party pamphlet, New Foundations: unlocking the potential for affordable homes by David Rodgers.
Gareth Thomas introduces new co-operative housing legislation (4 Feb 2013)
The Co-operative Party’s Chair Gareth Thomas MP introduced a piece of Private Members legislation in the House of Commons on Wednesday titled ‘The Housing Market Reform Bill’. Moving the Bill, Gareth stated that for far too many people, the housing market is not working. Not enough homes are being built at a price that is within reach [...]
Pontypridd public meeting on co-operative housing and welfare reform (22 Jan 2013)
Pontypridd Co-operative Party are holding a public meeting on 24 January on Co-operative Housing and Welfare Reform. The meeting will be chaired by Mick Antoniw, AM for Pontypridd and Chair of the Welsh Assembly Co-operative Group. The meeting will discuss, with the Housing Minister, the Welsh Government’s plans for co-operative housing and a discussion on [...]
Jonathan Reynolds MP: Create co-operative housing tenure (24 Jul 2012)
Most Labour activists, councillors and MPs will be familiar with the housing crisis in Britain. First time buyers are now confronted with an average house price of more than £160,000 (£280,000 in London) to get their first step on the housing ladder, and the average deposit required has now hit £52,000. Many people simply cannot [...]
Jonathan Reynolds MP: Co-operative Housing Tenure needs to be recognised (11 Jul 2012)
Co-operative housing models play an important role in the UK’s current housing crisis and have proven to be affordable alternatives. Housing co-operatives have helped many families that were struggling to get a foot on the housing ladder and we must be committed to providing them with the full backing of the law, says Jonathan Reynolds [...]
Chris Williamson MP: Co-operative housing encapsulates localism (27 Apr 2012)
Following his recent visit to co-operative housing pioneer Redditch Homes, shadow local government minister Chris Williamson looks at the potential for mutual housing DEMAND for affordable housing is rising almost as fast as the Government is making savage cuts to public spending. A combination of the two is hardly a cocktail for success, and answers [...]