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Labour to invest in schemes to cut homelessness

The government is to invest over 32m in developing ways to tackle homelessness.

The Homelessness Innovation Fund is part of the government’s strategy to cut the number of households in temporary accommodation by 50% by 2010.

Funded schemes across England are expected to reduce the number of households in temporary accommodation by 4,000 and prevent 2,400 new cases of homelessness.

The successful bidders were named last week. One is the Cross Authority Lettings Agency project in Gloucestershire and Somerset, which received 160,000 toward its work to set up a ‘virtual property shop’, aimed at preventing homelessness before a homelessness application has to be made. The project will include access to private sector accommodation, a rent in advance system and a deposit/bond scheme.

Housing minister Yvette Cooper says: “We have seen homelessness fall significantly over the past year. Local strategies and investment are making a difference but we must keep up the progress.”


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The Right to Buy scheme celebrated its 25th anniversary last week. First introduced in 1980, Right to Buy is aimed at secure tenants of local authorities and those assured tenants of registered social landlords or housing associations who previously held secure tenancies with local authorities. But a report last week from housing charity Shelter warned […]

CML scotches repossessions rumour

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I take pleasure in placing Paragon clients elsewhere

From Richard Boundy I prefer not to jump on bandwagons but the letter from Peter Willingham of Accelerated Mortgages (Mortgage Strategy October 31) stirred me into action. Paragon is the most arrogant, ruthless and intermediary-averse lender in the market. Not only does it not pay me for further advances, applied for by my portfolio clients, […]


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