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Executive Sadman

Milton Keynes Council

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http://www.miltonkeynes.co.uk/news/local/council-to-buy-houses-for-rent-in-4-million-project-1-5807155

money that should be earmarked for building homes instead to be used buying existing ones.

Milton Keynes Council is planning to buy around 40 homes in a £4 million project to ease the problems with the numbers of rental properties available for those most in need.

The project is part of the budget proposal for the Council housing stock to be agreed by Cabinet on January 29. The plan is to buy around 40 homes, mainly one and two bedroom properties, for households in need as opposed to designing and building new homes.

Of course, the good councillor is also a rent seeking parasite.

http://cmis.milton-keynes.gov.uk/CmisWebPublic/Binary.ashx?Document=36210

Rented Properties:

The Hub, MK9 2BS

116 Golden Drive, Eaglestone, MK6

5BH

16D & 16A Towan Avenue,

Fishermead, MK6 2DL

58B Mullion Avenue, Fishermead, MK6

2DY

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Hang on a moment.

Wouldn't buying these homes be more cost effect than building new ones? Would be much quicker for the Council to let these homes. It would take around 3 months to go through the legal stuff to completion and then maybe a week to get boilers serviced and other repairs done.

Personally I think it's a good idea. Cost effective? Well, we will have to wait and see.

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Hang on a moment.

Wouldn't buying these homes be more cost effect than building new ones? Would be much quicker for the Council to let these homes. It would take around 3 months to go through the legal stuff to completion and then maybe a week to get boilers serviced and other repairs done.

Personally I think it's a good idea. Cost effective? Well, we will have to wait and see.

Think again.

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Personally I think it's a good idea. Cost effective? Well, we will have to wait and see.

That's the question: if you want to increase public housing stock, is it cheaper to buy existing properties or build new ones?

One potential gotcha I can think of for a council buying new ones, especially in an area with (relatively) high property values, is that if a council gives itself planning permission to build new homes, presumably it's set a precedent whereby it cannot then deny that position to private developers who want to do likewise, especially if they own land banks without planning permission in that council's area.

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Since it's not increasing the stock of housing then what's the point?

Imposing a tax on all properties with spare bedrooms would have more effect

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The new build areas in MK are places the council could not afford to get 40 properties, Eaglestone and Fishermead are shit pits.

MK council isn't half the man the MKDC was, the new build areas are in the wrong place anyway, and limit further expansion.

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Hang on a moment.

Wouldn't buying these homes be more cost effect than building new ones? Would be much quicker for the Council to let these homes. It would take around 3 months to go through the legal stuff to completion and then maybe a week to get boilers serviced and other repairs done.

Personally I think it's a good idea. Cost effective? Well, we will have to wait and see.

Not if the state/council was able to get cheap land pre-planning permission and then grant itself it, thus avoiding the massive speculator cut.

You can also build a house in a few weeks if the will is there. e.g.

Insulshell

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Not if the state/council was able to get cheap land pre-planning permission and then grant itself it, thus avoiding the massive speculator cut.

You can also build a house in a few weeks if the will is there. e.g.

Insulshell

I'd have thought MK Development Corporation would have built most of the social housing stock anyway.

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Fishermead could be used as an advert for what is wrong with Britain:

Ex-council houses rent at more than 50% of the local average salary

whilst

Somalians shoot each other on the street over drug territory

Hooray for the UK.

yes, ive been (parked in!) to fishermead a couple of times (im too tight to pay and display in MK and its just outside the city centre) and it seemed to have a high amount of rotting sofas in front of homes. Unlike cambridge which seems to be well integrated, it did feel a bit of a ghetto too.

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