Jump directly to the content
HOME BONANZA

Theresa May hints at Government plans to embark on large scale housebuilding programme

PM vowed to 'get to grips' with unfairness felt in housing market ahead Tory Party conference this weekend

THERESA MAY yesterday hinted the Government was preparing a massive housebuilding programme as she vowed to rebuild voters shattered trust in politics.

In a Facebook post ahead of this weekend’s Tory conference, the PM vowed to “get to grips” with the unfairness felt by millions by building homes, tackling big business and opening “great” schools.

NINTCHDBPICT000269963047
3
The PM hinted the Government was planning a large scale housebuilding programme in a Facebook postCredit: AP:Associated Press

Sources for weeks have claimed the Government is preparing a housebuilding bonanza for the PM’s speech in Birmingham – as part of a package of social reforms.

Insiders claim this may range from more funding for smaller developers to build homes on ‘brownfield’ sites to allowing more firms to build on the green belt.

The London School of Economics in August argued for the Government to build on a “green wedge” stretching from London to Cambridge.

Row of terraced houses in London, UK
3
The PM is expected to unveil a package of social reforms at the Tory Party conference in Birmingham at the weekendCredit: Getty Images
Derbyshire hills in Spring time
3
Controversy surrounds whether new homes should be built on Britain's green beltCredit: Getty Images

Experts claim the UK needs to build 300,000 homes a year – almost double the current rate – to tackle Britain’s housing crisis.

Speaking earlier this month, Jeremy Corbyn said the dream of owning a home in modern day Britain was just that given soaring prices and a shortage of available, affordable property.

Labour on Sunday vowed to build a million new homes over the course of the Parliament if it regains power in 2020.

Topics