Prime Minister Keir Starmer's new housing policy emphasizes accountability for builders, threatening penalties and land seizures for those who lag in delivering promised homes. Supported by Deputy PM Angela Rayner, this initiative aims to counteract the inefficiencies in construction. However, charity CPRE cautions that the proposals could dilute local influence and do not tackle the core issue of developers holding onto planning permissions. They argue this hoarding behavior is inflating prices and slowing down housing supply in a complex market where profits take precedence over community needs.
"If you promise homes, you have to build them. As part of our Plan for Change, we're introducing penalties if you don't build them fast enough."
"The real problem lies with big housebuilders, which maximise their profits by hoarding planning permissions. We're not facing a planning problem - we're facing a profit problem."
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