Breaking Property News – 14/11/2023

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

Lee Rowley appointed housing minister – again

Since the turn of the millennium we have had 24 housing ministers, that is two dozen of them in just 23 years. As we trawl through the names do any stick in our memory as being outstanding, or to the point can anyone remember a single thing that they did which helped housing?

We have had Nick Raynsford, Charles Falconer, Jeffrey Rooker, Keith Hill, Yvette Cooper, Caroline Flint, Margaret Beckett, John Healey, Grant Shapps, Mark Prisk, Kris Hopkins, Brandon Lewis, Brandon Barwell, Alok Sharma, Dominic Raab, Kit Malthouse, Esther McVey, Christopher Pincher, Stuart Andrew, Marcus Jones, Lee Rowley for the first time, Lucy Frazer, Rachel Maclean and for a return visit Lee Rowley.

If like me you cannot remember any of them actually doing anything it is probably because that many were in office a few short months, indeed Rachael Maclean was only in office nine-months, but that was longer than any of the four ministers who had come before here.

And Rachel Maclean who was tomorrow to be the person putting flesh on some pretty important housing policies having now been consigned to the scrap heap, will now have to watch Lee Rowley, roll up his sleeves and get on with it.

Given that in less than a year we will see a General election, which many pundits have already said is likely to be a Labour landslide larger than Tony Blair’s, it would seem likely that Lee Rowley’s tenure as Housing Minister is going to just long enough to be of exactly zero value, which will put him on a par with most of those who have held this post.

Maybe unlike some former Housing Ministers, Mr Pincher for example, Lee can keep out of the media limelight for all the right reasons and prove to be a safe choice for Rishi Sunak. Though of course Lee Rowley was last in post as Housing Minister for PM Liz Truss, and he is a big backer of Kemi Badenoch so all may not be plain sailing.

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Breaking News

Slight rise in house prices as market maintains strength

Halifax House Price Index • House prices increased by +0.3% in April vs -0.5% in March • Average property price now £297,781 compared to £296,899 in previous month • Annual rate of growth at +3.2% up from +2.9% in March • House prices remarkably stable over last six months, down by just £48 • Northern…
Read More
bank of england interest rate
Breaking News

Industry Reacts to Bank Rate Cut

Nathan Emerson, CEO of Propertymark: “Today’s news will no doubt be extremely welcome for many, especially given current economic uncertainties. International bodies have recently stated they expect interest rates to fall in the UK as the year progresses. Overall, we hope to see interest rates further continue their downward trajectory over the course of 2025. …
Read More
Rightmove logo
Breaking News

Rightmove reaction to Bank Rate cut

Matt Smith, Rightmove’s mortgage expert says: “The much-anticipated second rate cut of the year has arrived, and with some lenders having taken their time to pass on the benefits of the expected Bank Rate cut, I think we may now see further reductions in the coming days and weeks. A fresh round of mortgage rate…
Read More
Breaking News

Zoopla crowns Glenrothes the most popular affordable town for families as one in three fear being priced out of their ideal area

New Zoopla research pinpoints Glenrothes in Scotland, with an average three-bedroom home value of £136,900, as the most attractive option for families seeking affordability All of the towns in the top ten are located in Scotland and Wales, apart from Dartford and Swanley in the South East Three-bed homes in the most popular affordable towns…
Read More
Breaking News

UK government admits almost no evidence nature protections block development

Environmental lawyer says it’s deeply frustrating that the Government is pushing major changes to conservation law without supporting data or research Whitehall analysis provides no data or research to support the government argument that environmental legislation holds up building. Ministers say the new bill will speed up housing developments and large infrastructure projects by allowing…
Read More
Estate Agent Talk

Comment: US economic uncertainty to spark boom in UK real estate investing

As Trump’s economic agenda resurfaces rooted in protectionism, tariffs, and “America First” rhetoric, markets are experiencing renewed and significant volatility. While the goal may be to repatriate jobs and capital, the reality could mirror his first term: supply chain disruption, retaliatory tariffs, inflation, and ultimately, a loss of investor confidence. The resulting uncertainty is likely…
Read More