Since the last edition of Foundations went to print a new Prime Minister, Housing Secretary and Housing Minister have all been appointed. Initial indications are that there will be a change in policy towards encouraging home ownership, perhaps with a greater encouragement of rent-to-buy models. The National Housing Federation also reports fruitful discussions with HMRC about continuing the cost sharing exemption for housing associations, which would be welcome. We shall provide further commentary on these developments once we have greater clarity.
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