Labour leader Sir Keir Starmer and Prime Minister Rishi Sunak clashed over housebuilding and housing market support yesterday.
Sir Keir questioned Sunak’s decision to drop housebuilding targets during Prime Minister’s Questions yesterday and claimed he has failed families due to rising mortgage rates and a lack of support.
The Government officially watered-down proposals for mandatory local housebuilding targets in its flagship Levelling Up and Regeneration Bill last year.
It saw off a backbench rebellion by stating that while housing targets remain, they will be advisory and are a starting point with “new flexibilities to reflect local circumstances.”
Speaking yesterday, Sir Keir said housebuilding has since collapsed due to Sunak’s decision to “cave in to backbenchers.”
He was accused of “shattering the dream” of those wanting to own their own home and also those wanting a mortgage due to rising rates.
The Labour leader also questioned how effective the Treasury’s mortgage charter would be and queried how the Conservatives can be the party of homeownership.
Sunak responded that record numbers of new homes have been built in each of the past three years, while the number of first-time buyers was at a 20-year high.
He said he was giving power back to local people.
Most weeks there are stories within the property sector that quietly...
/Rishi%20Sunak%2003_400x310.png)
Prime Minister Rishi Sunak yesterday repeated previously debunked claims that the...
MPs have urged Prime Minister Rishi Sunak to hold an emergency...
Labour leader Sir Keir Starmer will have the removal vans booked...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
In today's rapidly evolving property market, the focus on reducing transaction...
.png)
An exciting new collaboration between TVPN, EstateApps and Paul Long is...
By Mike Bilboe, Face For Business Buying or selling a home can...
LSL Estate Agency Franchising is home to one of the UK’s...
.png)
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
.jpg){kind=avatar}
Join the conversation
Jump to latest comment and add your reply
No discussion about the planning systems total melt down and lack of both employees and internal training structure.
The lack of articulation and knowledge of the true position is mortifying.
Please login to comment