Housing Market

(asked on 14th December 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what steps his Department is taking to increase the strength of the housing market.


Answered by
Kit Malthouse Portrait
Kit Malthouse
This question was answered on 18th December 2018

Government has set out a long term and comprehensive strategy to make the housing market work for everyone; including to release more land for homes where people want to live; build the homes we need faster; get more people building more of the kind of homes people want; as well as support people who need help now

We have acted to make our housing market work better, including:

  • planning reforms to ensure more land is available for housing and maximise the potential of our cities and towns to build new homes whilst protecting the Green Belt;
  • launching Homes England, bringing together money, expertise, planning and compulsory purchase powers;
  • lifting Housing Revenue Account borrowing caps so local authorities can deliver a new generation of council housing;
  • Providing more than £15 billion of new financial support over the next five years, taking total financial support to at least £44 billion to 2022/2023, which will boost the delivery of housing and use funds flexibly to unblock the barriers to more housebuilding;
  • publishing a Green Paper which sets out a new deal for social housing in England;
  • measures to rebalance the relationship between tenants and landlords to deliver a fairer, good quality and more affordable private rented sector;
  • and reforms to make sure the leasehold system in England is fair and transparent to the consumer.

Taken together, our reforms will help create, fund and drive a fairer housing market that delivers 300,000 homes a year on average by the mid-2020s.

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