Housing expert 'worried' about Cameron pledge
The Chief Executive of the Chartered Institute of Housing has said she is "worried" about some aspects of the pledge by David Cameron to create affordable housing for young first-time buyers.
Under the new plan, first-time buyers in England who are under 40 could be able to buy a house at 20% below the market rate.
"From a consumer's perspective, the focus on affordability is great," Grainia Long explained on the Today programme, "but if I was a prospective consumer of one of these properties I would want to know I'm getting the same as everybody else".
"There are some principles here that I'm worried about in terms of exempting certain homes from taxes and I certainly would worry about the impact on local communities," she added.
First broadcast on BBC Radio 4's Today programme on Saturday 27 September.
27 Sep 2014
- From the section UK