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Over 500,000 people seeking housing options throughout the UK may be added to waiting lists for homes should the government press ahead with cuts of up to 40 per cent in the affordable residential property market.That is according to the National Housing Federation, which, in news that may interest people in housing jobs, said yesterday (July 26th) that the current waiting list for social homes in England of 4.5 million is likely to expand rapidly if these funding proposals are carried out.Ministers are potentially risking "shutting the door on an entire generation of families on lower incomes" should they withdraw finance from this sector.The government has told all of its departments that they must shed 40 per cent from their spending bills before October and this would mean the affordable housing fund being dropped to £13.3 billion from £28.6 billion.Meanwhile, Shelter recently praised the government for extending the period during which it will provide money to initiatives such as Homeowner Mortgage Support and the Mortgage Rescue Scheme.People Unlimited are specialists in recruitment for Housing Jobs
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