Damian Thompson, Aldermore’s Commercial Director of Mortgages Comments on new Housing team:
“We welcome Robert Jenrick as the new Secretary of State for Housing, Communities and Local Government, in what is a critical juncture in the UK housing market. The housing market is a key indicator in how the public judge the economy and we hope the new Government continues to view it as a priority issue.
“It’s very important that we look for short, medium and long term solutions that play to not only the near term issues but that look at the consistent trends we have seen in the housing market and society over the decades.
“To solve the problems in the housing sector we will need joined-up long term strategic planning, to help deliver building a range of tenure to cater to diversifying homeowner needs, a focus on the growing challenges arising from an ageing population, and making sure this generation of young people are the last we call ‘Generation Rent.’
“Aldermore has welcomed the ambitious targets and drive for sustainability for new housing in recent years, and look forward to working with the new Secretary of State and his team to help deliver a well-functioning housing sector that meets the UK housing needs.”