Speaking at the Conservative Party conference in Manchester this week, the Prime Minister announced plans to boost home ownership by offering first-time buyers a “starter home” at a discounted price.
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The Prime Minister launched his strongest attack yet on Labour’s new leader during his address to the Tory party conference, as he hit out at the veteran MP for previous comments on the death of Osama bin Laden.
Shropshire MP Lucy Allan praised David Cameron’s “brilliant, visionary and moving” conference speech – but others were less impressed.
Cameron told delegates today that, when a generation of people in their 20s and 30s are waking up each morning in their childhood bedrooms, this should be a wakeup call to the country.
He also vowed to tackle extremism and segregation caused by faith schools and promised to build another 200,000 houses by 2020 while stating things would be made easier for first time buyers. He said he would be ” heartbroken” if “people in the Jewish community thought that Britain was no longer a safe place for them”.
Under existing rules, affordable housing must be available at 20 per cent below the market rent.
He was elected Labour leader last month after tapping into a desire for change, particularly among a few younger voters who face more difficulty in getting jobs and owning homes than their parents did.
“Over the next five years we will show that the deep problems in our society – they are not inevitable”, said Mr Cameron.
The Government wants “starter homes” to be offered on new developments.
The Conservatives have used their week in Manchester to stress they stand for “security, stability and opportunity”.
Mr Cameron said he would oversee a home-owning revolution “from generation rent to generation buy”. We know in our hearts our responsibilities to help those fleeing for their lives.
“For years politicians have talked about building “affordable homes” – but the phrase was deceptive”.
But housing charity Shelter said someone would need an annual income of £76,957 in London, or £50,266 in the rest of the country, to buy a starter home – well above the average wages.
And he added: “And be in no doubt: if you are teaching intolerance, we will shut you down”.
“A Greater Britain is one that is strong in the world – and that should mean one that is strong in Europe, too”, he said.
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“Under the Prime Minister’s plans, only 200,000 relatively well-off households will get to buy a home”.
