Jeremy Hunt promises to build 1.5million cheap homes for young people with ‘Right To Own’ scheme that he claims will steal their votes from Jeremy Corbyn
- The pledge is an echo of Margaret Thatcher’s right to buy plan in the 1980s
- Councils and Homes England could buy up land and commission building work
- Hunt says that will deliver 1.5 million cheaper properties over the next 10 years
Jeremy Hunt has pledged to build 1.5million extra homes for the young in order to give the next generation a ‘leg up on the housing ladder’.
The Foreign Secretary claims the policy is the best way to keep Jeremy Corbyn from winning power.
The pledge, which he has called Right To Own – an echo of Margaret Thatcher’s right to buy plan – involves changing the law to let councils and the regulator Homes England buy up land and then commission building work.
Foreign Secretary and Conservative leadership contender Jeremy Hunt (pictured left on the campaign trail yesterday) hopes ‘giving a whole generation a leg up on to the housing ladder’ will lure younger votes away from Labour leader Jeremy Corbyn (pictured right at a community garden project)
That will deliver the 1.5 million cheaper properties said to be needed over the next 10 years, he told the Sun.
Soaring house prices have sparked a generational divide as bad as any from Brexit, Mr Hunt said.
Writing in the Sun, he said: ‘Margaret Thatcher had a policy called ‘Right to Buy’ that got millions on to the housing ladder for the first time.
Jeremy Hunt’s pledge is an echo of the right to buy plan put forward by Margaret Thatcher (pictured) in the 1980s
‘Mine is called ‘Right to Own’ and it will do the same. I will take advantage of the massive leap in land value that comes from councils granting planning permission by ensuring the benefit of it goes directly to young people, rather than into the pockets of developers.
‘Combined with new planning regulations to allow people to build up, with more storeys on top of apartment blocks, this will deliver the new homes we need.
‘In total my plan will deliver 1.5 million more homes in ten years – giving a whole generation a leg up on to the housing ladder.’
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