Labour’s promise to build homes
LABOUR has pledged to ease the housing shortage by building 200,000 homes a year by 2020 if it wins the next election.
It plans to ease planning regulations, penalise developers who hoard land and create new garden towns and cities.
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. Other ideas include giving local authorities a right to expand beyond their boundaries and giving councils the ability to purchase land from developers if they don’t use it. Labour say the housing shortage has fuelled “the cost of living crisis”.