Labour insists it remains on track for 1.5 million homes target

The Labour government says it remains committed to delivering its target of 1.5 million homes by this Parliament.

In response to a written parliamentary question, Parliamentary Under-Secretary for Housing Baroness Taylor of Stevenage said the government is making progress towards its housing target.

However, analysis reveals Labour is set to miss its housing target deadline.

Each new town will deliver 10,000 homes

The government has also announced that seven locations across England have been put forward for a new generation of towns, as ministers set out plans to expand housing supply as part of a wider housebuilding push.

The government says each new town will deliver 10,000 homes.

Baroness Taylor of Stevenage said: “The government remains committed to delivering 1.5 million homes over this Parliament. Each new town will deliver at least 10,000 homes, with many expected to exceed that figure. The Taskforce recommended that new towns should aim for at least 40% affordable housing, with half for social rent.

“The government is considering the Taskforce’s recommendations and will respond in due course”.

Labour on course to miss housing targets

As previously reported on Property118, Labour is on course to miss housing targets without urgent action.

Analysis from planning consultancy Lanpro reveals delivery is 10% down on the ten-year average, and well below the 300,000 per year widely accepted as the minimum needed to reach Labour’s pledge.

At the current rate, only half of the promised homes are likely to be delivered.