The government claims its Key Worker Living scheme has borne fruit and is helping in the recruitment and retention of teachers, nurses and police.This is one of the findings of the Key Worker Living Evaluation: Early Findings study published by the Office of the Deputy Prime Minister last week. The government also says its programme is seen as offering value for money in providing low risk access to the housing market. The report’s conclusions are based on an analysis of interviews with employers and other stakeholders. The report says most employers interviewed think KWL is having a positive impact on their recruitment and retention situation, as well as improving their services in the medium and long terms. It adds the KWL programme is seen as well targeted in terms of both employment sector and geographical coverage. The initiative is considered to be efficiently administered through the one-stop shop model which itself was built on the experience of delivering the Starter Home Initiative, the predecessor of KWL. All interviewees consider the programme an improvement on SHI, with the range of products and level of support available seen as being more appropriate. Early findings of the evaluation identified calls from some employers for the eligibility criteria for Key Worker Living to be extended. This has led to the ODPM widening the range of frontline public sector workers applying for the programme as of April 2006. Other research published by ODPM provides further evidence of the important role of housing in determining whether key workers stay in London and the South-East, or remain in their professions. It also trumpets the positive impact of the Starter Home Initiative which it says achieved its aim of helping over 10,000 key workers. Almost half of key worker purchasers say SHI encouraged them to stay in their jobs.
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Q: How will a career in the mortgage industry differ from a career in television? A: “In showbiz, a lot of work is project-based. Doing a series of one-off projects leads to short, intense relationships with people. With Earth, while no less intense, I am in it for the long run. Projects have a longer […]
Webline, the UK’s largest online user of Origo standards, says national investment adviser Edward Jones has selected the portal to provide a white-labelled service to its 90 plus branches.
New home prices in the UK could soon be experiencing positive annual price inflation according to figures released today by SmartNewHomes.com, the UK’s leading new homes website.In their monthly report analysing over 85% of the new homes stock available in the UK over the last month, SmartNewHomes.com reveals that prices rose on average by 0.4% […]
Prudential this week finally came out with the rate for its lifetime mortgage product. For the equity release market, this has been a real slow burner. The Pru originally outlined its plans to enter the market in May when it revealed it was cutting loose from former partner Northern Rock, which had been the provider […]
Capital Market Notes, December 2016 David Lafferty, Chief Market Strategist at Natixis Global Asset Management, discusses the outcome of the Italian Referendum. Read the full article here
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