Housing a pawn in Tory Brexit leadership scrap
April 16, 2019
Former Housing Minister Dominic Raab has called for “radical” housing reforms in an attempt to help renters get on the housing ladder and increase the rate of home building.
Attacking the Conservative failure to stand up to developers and ensure the construction of enough homes to tackle the housing shortage, Raab advocated a new Help to Buy scheme that would exempt landlords from capital gains tax when they sell their property to existing tenants.
The leadership hopeful also identified the following solutions:
- More government land to be released, with councils given more power to sell sites to smaller developers
- Design by tender after outline planning permissions are received
- Fewer impositions on councils who fail to get enough homes built
- Scrapping stamp duty on homes worth less than £500,000
- Digitise land registry records and support more modular housing
The National Federation of Builders (NFB) does not recall Dominic Raab voicing such policy proposals during his tenure as housing minister. This idea would have been worth hearing when he had a role shaping housing policy in the national interest, rather than when revealing his leadership ambitions on the back of embarrassingly drawn-out Brexit negotiations.
Richard Beresford, chief executive of the NFB, said: “I don’t remember Dominic Raab having any of these ideas when he was housing minister. The revolving door used to usher in a steady stream of housing ministers is unlikely to get any rest, so how likely is it that these ideas will be implemented?”
The House Builders Association (HBA), the house building division of the NFB, has criticised Help to Buy because it fuels demand far more than it provides a supply of homes.
Rico Wojtulewicz, head of housing and planning policy for the HBA, said: “While there is no silver bullet to the housing crisis, it will also not be solved with just the floating of a few ideas. We need consistency, detail and the inclusion of SME house builders at the beginning of policy discussions.”
You May Also Enjoy
Prime London property stock falls 3.4% in Q3
The latest Prime Central London Stock Index by Benham and Reeves has revealed that the number of properties listed for sale at £2m or above fell by -3.4% during the third quarter of 2026, leaving 3,778 prime homes on the market. While Kensington, Notting Hill and Chelsea recorded modest increases in available stock, several established prime…
Read More When a chain breaks: how bridging can keep a sale moving
Every agent knows the call. A buyer further down the chain has pulled out or their mortgage has stalled, and a sale you have worked on for months is about to fall apart. Often the person caught in the middle could still buy if they did not have to wait for their own sale. That…
Read More Four in ten homes see asking price reduced
More than four in ten homes currently listed for sale across England have already seen their asking price reduced, according to the latest market analysis by eXp UK, with the number of reduced properties climbing by 3.6% since August. eXp UK analysed property listings across England to establish how many have undergone an asking-price reduction.…
Read More Breaking Property News 19/10/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Last week Sourced Living began rolling out Genifea across its branches, the platform’s first commercial CRM integration. By Author Andrew Stanton CEO Proptech-PR Andrew Stanton spoke to founder Pragati Dhingra about what the Genifea platform actually does, where AI fits in an estate agency,…
Read More Mixed signals in UK construction as contract awards rise, but starts fall
Detailed planning approvals declined 16% against the preceding three months and fell 28% lower than last year, a warning sign for future work. Main contract awards dropped 19% against the last three months but climbed 25% year-on-year, a sign that major schemes are being committed. Project starts took the steepest fall, declining 26% against the…
Read More Estate Agents Brace for Rising Compliance Costs
Nearly two-thirds of compliance leaders in estate agencies and property firms expect budgets to increase amid growing pressures Just 6% expect cuts, down from 31% last year, while 63% now work weekly overtime on AML The majority of senior compliance professionals in UK property firms and estate agents expect their budgets and teams to grow…
Read More 
