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 buyer demand strengthens in Q2
aThe latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that buyer demand across London’s prime property market strengthened during the second quarter of 2026, with overall demand reaching 14.5%. The capital’s family-focused prime neighbourhoods continued to lead the way, with Clapham, Wandsworth, and Chiswick among the strongest performing…
Read More 
Mortgage rates fall at fastest pace in almost two years
Moneyfacts UK Mortgage Trends Treasury Report data reveals fixed mortgage rates have recorded their biggest monthly reductions since October 2024. Product choice rose and the churn of mortgage deals was stable. Fixed mortgage rates dropped for a consecutive month, citing the biggest monthly reductions since October 2024, with the average two- and five-year fixed rates…
Read More 
Breaking Property News 13/7/26
Daily bite-sized proptech and property news in partnership with Proptech-X. How Prevou created the world’s most enthusiastic salesperson for estate agents A fly on the wall analysis of how and why successful technology companies solve big problems for small estate agencies in the UK Every successful business starts with a problem. For Prevou, that…
Read More 
Landlords and tenants advised to work together to get through extreme heatwaves
With some areas set to be hotter than Portugal this week, lettings and estate agents across the UK are issuing advice to protect properties ahead of extreme weather Prolonged periods of hot weather across the UK are placing additional pressure on homes, from overheating and poor ventilation to damage caused by extreme temperatures. Today, lettings…
Read More 
Nearly half of UK home listings fail to sell
A London estate agent has warned that thousands of homeowners across the UK are pricing themselves out of the market by setting asking prices that no longer reflect what buyers are willing to pay. The warning comes after new analysis by Zoopla, covering more than two million property listings between 2023 and 2026, found that…
Read More 
Lowest number of new build developments coming to market since 2017
New analysis from the UK’s largest property platform Rightmove reveals that the number of new build housing developments coming to market is at its lowest level since January 2017 The figures are despite the government’s target to build 1.5 million homes over the course of this parliament Higher mortgage rates continue to set a challenging…
Read More