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.