In the UK, there’s a high demand for hundreds of thousands of new homes every year. To address this need, the Conservative Party has made a commitment to renew the Affordable Homes Programme and invest in regeneration across the country through the Towns Fund.
On the other hand, the Labour Party, led by Keir Starmer and Angela Raynor, has positioned themselves as the ‘party of ownership’ and promises to sustain and expand the Conservatives’ mortgage guarantee scheme, now known as ‘Freedom to Buy.’
Both parties have acknowledged the importance of addressing the housing issue and are offering different solutions to meet this demand.
Read the full article on page 39 of the Housebuilder Magazine
In a recent article, Andrew Carpenter, Chief Executive of the STA, explains why the current political landscape offers a unique opportunity for housing, but warns that the need to build more sustainably cannot be lost in the shuffle.
The calling of the general election was a crucial milestone for the housebuilding sector, with all of the major political parties leading heavily on housing within their manifestos.
One of the most significant challenges any incoming Government will need to deal with is the ongoing housing shortage.