We will build 1.5m homes, new housing secretary insists
Summary
The new UK Housing Secretary, Steve Reed, vowed to build 1.5 million new homes in England by 2029. This is part of the government's effort to address what Reed describes as a housing crisis. Builders face challenges like rising costs, and Reed plans to work with developers to overcome obstacles and accelerate construction.Key Facts
- Steve Reed is the new Housing Secretary in the UK.
- The government plans to build 1.5 million homes in England by 2029.
- This initiative aims to address a housing shortage.
- Reed said he would work with developers and impose sanctions if construction lags.
- Industry leaders warn about challenges like increased costs and planning delays.
- Applications to build homes in England have risen in the past six months.
- New legislation is being considered to speed up the planning process.
- Rising construction costs, such as for bricks, impact building efforts.
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