Older people 'may prefer flats to rent in London'
Older people could opt for renting flats in the London borough of Wandsworth as the government proposes to encourage them to move out of larger homes they can no longer afford to run.
In an interview with the Sunday Telegraph, Iain Duncan Smith announced plans to encourage older members of the public to leave large council houses in favour of renting smaller flats.
This move would open up a number of council houses suitable for working families otherwise squashed into inadequate homes.
The coalition's plans hope to make it more attractive for older people to downsize their homes while still guaranteeing security of tenure.
Improving the availability of smaller homes and flats could in turn see an increase in the number of older people moving into smaller rented property.
Prior to Mr Duncan Smith's announcement, the National Housing Federation (NHF) called for radical changes to the planning system to allow for more social housing to be built. The NHF wrote to housing secretary Grant Shapps and highlighted the need for the coalition to honour its planned spending on social housing in a bid to combat overcrowding in many council houses.
By Ben Carter
Published 29th June, 2010
© 2010 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
St John's Wood brings the village atmosphere to the capital
St John’s Wood is a great location for people looking to capitalise on all the benefits of London living without being caught up in all the hustle and bustle.
Read Article ... Published on 26th May, 2015
Yeading: Enjoy peaceful city living in an up-and-coming area
Yeading is a laid-back and peaceful residential area situated north-east of Hayes and is one of the most up-and-coming areas of the capital.
Read Article ... Published on 26th May, 2015
Hanwell: A green, peaceful environment for Londoners
Hanwell is a small town located in the Borough of Ealing and is in between Ealing and Southall, providing excellent transport links to the rest of the capital.
Read Article ... Published on 26th May, 2015
Mitcham Carnival announced for June
Mitcham Carnival has been announced for Saturday June 13th at Three Kings Piece.
Read Article ... Published on 22nd May, 2015
Hammersmith and Fulham Council start Park consultation
Hammersmith and Fulham Council have launched a new consultation on Hammersmith Park, inviting local residents to have their say on the area and how it can be improved.
Read Article ... Published on 22nd May, 2015
New conservation areas planned around Waltham Forest
Waltham Forest has announced plans for two new conservation areas near Lloyd Park and Bakers Arms town centre.
Read Article ... Published on 20th May, 2015
Sutton Council announces Take Part Take Pride summer festival
Sutton Council has announced its Take Part Take Pride summer festival.
Read Article ... Published on 20th May, 2015
Brent Council teams with Brent Housing Partnership in new project
Brent Council has partnered with the Brent Housing Partnership as it aims to improve the standard of housing for local people.
Read Article ... Published on 19th May, 2015
Gardeners prepare for Islington In Bloom
Islington Council is preparing for this year’s “In Bloom” event by teaming up with local gardeners to identify the best greenery available in the area.
Read Article ... Published on 15th May, 2015
New fitness centre set to open in Manor Park
A new fitness centre is expected to be opened in Manor Park by Newham Council.
Read Article ... Published on 15th May, 2015
Offering older people flats to rent in London could open up more council houses for working families.