“The manifesto might be believable if it said something like ‘we will take action to help more people access suitable housing’."
Meanwhile, Quilter tax and financial planning expert, Rachel Griffin, argued the manifesto highlights some areas of policy that “badly need addressing”.
One area is social care with Griffin pointing out that the Lib Dems made a number of pledges to improve this area, such as increasing the carer’s allowance and expanding eligibility, as well as ending the postcode lottery of service provision.
Lib Dems launch manifesto with cut to income tax and CGT rise
The 114-page manifesto includes the party's priority for tax cuts, raising the tax-free personal allowance.
"Our priority for tax cuts, when the public finances allow, will be to cut income tax by raising the tax-free personal allowance, benefitting the vast majority of families and taking more low-paid workers out of paying income tax altogether."
The Liberal Democrats also want to make changes to capital gains tax to fund investments in the NHS and social care, among other things.
On pensions, the manifesto said the party wants to see measures developed to end the gender pension gap in private pensions and ensure working-age carers can save properly for retirement.
Labour drops LTA reintroduction plans
The Labour Party will reportedly not include its pledge to reinstate the lifetime allowance in its manifesto, set to be published on Thursday (June 14).
According to FT Adviser’s sister publication, the Financial Times, Labour has dropped the proposal because it would add uncertainty and be complex to reintroduce.
June 7: Tories pledge child benefit tax changes for high earners
The Conservative party has said if re-elected it will increase the household income tax threshold for child benefit to £120,000.
Junior minister in the Department for Education, David Johnston, told Radio 4's Today programme: "The change in the budget was to increase the income threshold from £50,000 to £60,000, before people started paying this charge.
"What we're doing now is saying a future Conservative government would then calculate this on a household basis, meaning income could be up to £120,000 before people start to pay this charge.
"It is to remedy the the thing that parents have often complained about, which is if you have two people who are just under the threshold, two people on £59,000, They won't pay the charge. But if you have one earner on £61,000 they will pay that charge.
"The combined result of the change were proposing will mean around £700,000 families will get a tax cut of around £1,500 pounds."
Freedom to Buy only helps FTBs who can afford bigger mortgage
The Labour Party has pledged to make the current government mortgage guarantee scheme permanent if it wins the general election, as part of its “Freedom to Buy” scheme.
The existing scheme, which is due to end on June 30 2025, allows mortgage lenders to purchase insurance against a portion of the losses they incur in the case of borrower default.
