Labour to announce plans for 200,000 homes a year by 2020
Tuesday, September 24th, 2013Labour is seeking to tackle what it calls the UK's housing crisis by building 200,000 homes a year by 2020.
Leader Ed Miliband will say building levels have fallen to their lowest level for almost 100 years. He is set to announce plans to free-up councils from planning regulations, penalise developers who hoard land and deliver another wave of new towns. Labour says the housing shortage is "central" to what they call Britain's "cost of living crisis". Former chairman of the BBC trust, Sir Michael Lyons, will lead a housing review for the party. His "rebuilding Britain" commission will work with councils to identify sites for potential development. Mr Miliband claims it now takes an average family 22 years to save for a deposit on a home - compared with three years in 1997 when Labour last took power. The ideas mooted include:- Giving local authorities a "right to grow" beyond their boundaries, overriding neighbouring towns and boroughs
- Boosting the power of councils to purchase land from developers, telling them to "use it or lose it"
- Measures to encourage another generation of new towns and garden cities