{"id":13832,"date":"2016-05-21T06:01:17","date_gmt":"2016-05-20T23:01:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-calls-for-councils-to-help-first-time-buyers\/"},"modified":"2016-05-21T06:16:42","modified_gmt":"2016-05-20T23:16:42","slug":"labour-calls-for-councils-to-help-first-time-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-calls-for-councils-to-help-first-time-buyers\/","title":{"rendered":"Labour calls for councils to help first-time buyers"},"content":{"rendered":"<p>&#013;<br \/>\nShadow chancellor John McDonnell says cheap, local authority-backed mortgages can help address decline in home ownershipCouncils should offer cheap, local-authority backed mortgages to help first-time buyers and bring in rent regulations, according to the shadow chancellor, John McDonnell. In a speech at Labour\u2019s state of the economy conference on Saturday, he will say the party wants to address the \u201cfreefall decline in home ownership among young people\u201d, pointing to a number of Labour councils that are underwriting mortgages or lending money directly. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/politics\/2016\/may\/21\/labour--councils-help-first-time-buyers-mortgages-john-mcdonnell\" target=\"_blank\">Labour calls for councils to help first-time buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Shadow chancellor John McDonnell says cheap, local authority-backed mortgages can help address decline in home&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13832","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3B6","jetpack-related-posts":[{"id":122179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-to-give-first-time-buyers-exclusive-access-to-new-properties\/","url_meta":{"origin":13832,"position":0},"title":"Labour to give first-time buyers exclusive access to new properties","date":"September 24, 2021","format":false,"excerpt":"\r Reforms would also cap affordable rents at 30% of average household income in bid to take on Tories over housingLabour plans to slash affordable rents and give first-time buyers exclusive rights to purchase new-build homes for six months, it will announce this weekend, as it bids to steal the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hammond-relying-on-household-debt-to-hit-targets-says-mcdonnell\/","url_meta":{"origin":13832,"position":1},"title":"Hammond relying on household debt to hit targets, says McDonnell","date":"January 1, 2018","format":false,"excerpt":"\r Labour frontbencher says millions of families are seeing earnings squeezed so that chancellor can pretend to meet targetsJohn McDonnell has accused the government of relying on millions of British families going further into debt in order to meet Treasury targets.The shadow chancellor said families were set to borrow \u00a3445bn\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/john-mcdonnell-warns-over-alarming-increase-in-uk-household-debt\/","url_meta":{"origin":13832,"position":2},"title":"John McDonnell warns over &#039;alarming increase&#039; in UK household debt","date":"December 27, 2017","format":false,"excerpt":"\r Labour analysis finds unsecured borrowing could exceed \u00a319,000 per household by end of parliamentJohn McDonnell has said the UK is in the grip of a household debt crisis with levels of unsecured borrowing predicted to hit a record of \u00a319,000 per household by the end of this parliament.The shadow\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1240,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-bill-could-cost-uk-nearly-200000-council-houses-warns-labour\/","url_meta":{"origin":13832,"position":3},"title":"Tory bill could cost UK nearly 200,000 council houses, warns Labour","date":"January 12, 2016","format":false,"excerpt":"\r Shadow housing minister says forcing councils to sell could see homes bought by overseas investors and buy-to-let landlords rather than those in housing needMore than 190,000 council houses could be lost by 2020 if the government\u2019s housing bill, currently passing through parliament, is approved, Labour has warned.A proposal to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rules-for-landlords-not-fit-for-purpose-says-john-mcdonnell\/","url_meta":{"origin":13832,"position":4},"title":"Rules for landlords not fit for purpose, says John McDonnell","date":"October 25, 2018","format":false,"excerpt":"\r Shadow chancellor speaks out after Guardian and ITV News investigation revealed exploitation of loopholesThe shadow chancellor has accused the government of presiding over housing legislation that is \u201cnot fit for purpose\u201d and has thrown his support behind calls for a national registration scheme.The comments were made after a Guardian\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-much-do-you-have-to-earn-to-be-rich-70000-says-labour\/","url_meta":{"origin":13832,"position":5},"title":"How much do you have to earn to be rich? \u00a370,000, says Labour","date":"April 19, 2017","format":false,"excerpt":"\r John McDonnell\u2019s definition of rich people has angered some, but he is backed by the statisticsAre you rich if you earn \u00a370,000? According to the Labour MP John McDonnell, you are. And that contention made some people very angry.In an interview on the Today programme (from 1:15:30) on BBC\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13832"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=13832"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13832\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}