Sajid Javid pledges 'radical' housing reforms

Communities Secretary Sajid Javid has promised a “radical” set of reforms to boost the housing market as he admits that current government policy is barely keeping up with demand.

Speaking at The Telegraph’s Smart Cities conference in London yesterday, Mr Javid said that the measures the Government had outlined last week, including £5bn of funding to support smaller developers and encourage innovative building methods, were “short term” and that a fundamental reshaping of housing policy was needed.

He said that even if the Government decided to limit immigration as part of the deal to leave the European Union, not enough homes were being built.

“Even if we allow for a significant fall in immigration then family formation means there’s still significant demand for housing,” he said.

Asked whether the Government needed to implement more reforms to increase the number of homes being built in the UK, Mr Javid said he thought “a lot more” would be necessary.

“That’s not to say there hasn’t been progress,” he added. “The number of planning permissions now compared to 2010 are up some 40pc but we are way off where we need to be.”

He promised that later this year the Government would publish a white paper outlining “some more radical measures to really boost the supply of homes”.

Telegraph