Matthew Pennycook appointed as Labour’s Housing Minister

Matthew Pennycook appointed as Labour’s Housing Minister

9:14 AM, 8th July 2024, About 3 months ago 22

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Matthew Pennycook is Labour’s new housing minister, following Angela Rayner’s appointment as Housing Secretary and deputy leader.

He is the MP who tabled an amendment to the Renters (Reform) Bill which would have prevented landlords from selling for two years after a tenancy had started.

The MP for Greenwich and Woolwich said: “It is a real honour to have been appointed Minister of State at the Department of Levelling Up, Housing and Communities (DLUHC).

“Tackling the housing crisis and boosting economic growth is integral to national renewal. Time to get to work.”

Propertymark welcomes Mr Pennycook’s appointment

Nathan Emerson, the chief executive of Propertymark, said the organisation welcomes Mr Pennycook’s appointment.

He added: “Housing must play a pivotal role for the government moving forwards and in real terms, delivering over 1,100 new homes every single working day for the next five years will take immense planning and enormous stakeholder engagement to achieve.

“There needs to be a long-term cross-party approach with continuity built in as standard – we should never be looking at a housing plan as an insular five-year government term, in case of any change down the line.

“There must be a broad mix of sustainably built homes that brings much needed stock to both buyers and renters. The plan must be delivered with precision and in a way that is connected with wider government planning to ensure key infrastructure is provisioned for as the population further grows.”

Proposals to alter planning rules

Meanwhile, Labour has asked former Conservative minister Nick Boles to help deliver proposals to alter planning rules to ‘get Britain building’.

An announcement is expected in the next few days about how the government will deliver millions of promised new homes.

Mr Boles was the planning minister in David Cameron’s coalition government and his job is to make it to build new homes to ease the housing crisis and deliver gigafactories and laboratories.

The new rules could see mandatory home-building targets for local authorities being reintroduced and making it easier to build on green belt land.

Labour says it will be selecting building sites by the end of the year.


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Cider Drinker

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12:57 PM, 8th July 2024, About 3 months ago

Reply to the comment left by Dylan Morris at 08/07/2024 - 11:45
You already need to go to Court.

Making life difficult for landlords does nothing to ease the population crisis (aka housing crisis).

Simon Williams

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13:00 PM, 8th July 2024, About 3 months ago

Reply to the comment left by Dylan Morris at 08/07/2024 - 11:24
Yes, with an HMO that would probably be your only option. Thus greatly restricting your pool of buyers.

Simon Williams

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13:00 PM, 8th July 2024, About 3 months ago

Yes, with an HMO that would probably be your only option. Thus greatly restricting your pool of buyers.

Crouchender

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13:49 PM, 8th July 2024, About 3 months ago

He will CRASH THE PRS ECONOMY. As house prices are on the way up and interest rates coming down soon so will be a good market for LLs to sell after their S21 issued.
HOWEVER, Reeves will in Sept Budget raise CGT to over 50% (its 66% in Canada as of June 2024) to prevent the CRASH of LL sellers.
If they have no clue about supply and demand in PRS what hope have we got they understand other dynamics in a FREE CAPITAL MARKET?!

Farage, like him or loathe him, is the only who will spot this a mile off and create havoc for Labour. And rightly so to call them out

Rod

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14:11 PM, 8th July 2024, About 3 months ago

The Prime Minister says he wants to tread gently to deliver a government guided by policy, pragmatism and ‘service’, rather than ideology.

Let's hope he will remind Mathew Pennycock this is the guiding policy and ask him to remove his bover boots to avoid stomping on those ordinary working people helping address the housing crisis.

havens havens

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14:40 PM, 8th July 2024, About 3 months ago

With Angela Rayner stepping up as Housing Secretary and deputy leader, it seems like Labour is shaking things up. Pennycook had tried to push a rule to stop landlords from selling properties for two years after a tenancy starts, which shows he's got some strong ideas about protecting renters.

He’s talking about tackling the housing crisis and boosting economic growth, which sounds great on paper. Nathan Emerson from Propertymark seems pretty optimistic too, highlighting the need for a long-term approach and massive planning to hit housing targets.

What’s interesting is that Labour is bringing in Nick Boles, a former Tory minister, to help with planning rules. They’re talking about mandatory home-building targets and building on green belt land, which could be controversial but might be necessary to meet housing demands.

Honestly, it sounds ambitious. If they can deliver on these promises, it could really make a dent in the housing crisis. But I wonder if they can pull it off without running into major roadblocks, especially with the green belt land issue. It’ll be worth keeping an eye on how this develops.

Dylan Morris

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17:06 PM, 8th July 2024, About 3 months ago

Reply to the comment left by Cider Drinker at 08/07/2024 - 12:57
Incorrect. You do not need to go to Court to issue a Section 21 notice.

Dylan Morris

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17:11 PM, 8th July 2024, About 3 months ago

Reply to the comment left by havens havens at 08/07/2024 - 14:40
Immigration under the Tories was running at well over 1 million a year. Labour have zero policies on immigration so we can expect this number to increase massively. Perhaps somewhere between 2 million and 3 million annually. Even building 300,000 properties a year isn’t going to be anywhere near enough especially when you factor in the huge birth rate increase from certain parts of the community.

Dylan Morris

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17:16 PM, 8th July 2024, About 3 months ago

Reply to the comment left by havens havens at 08/07/2024 - 14:40Boosting economic growth means simply increasing the size of the economy….increasing GDP. It isn’t measured as GDP per head of population. We will see an increase in GDP because the population will increase. That’s why the U.K. has a larger GDP than say Luxembourg. We simply have a larger population. It’s GDP per head that matters but of course they don’t want to measure that.

GlanACC

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9:40 AM, 9th July 2024, About 3 months ago

Could be interesting if you have to sell, IE property owner has died and beneficiaries need to sell to obtain probate. Bet they haven't thought about that (this happened to a friend as he had to find over £20K inheritance tax which must be paid to HMRC before the probate could be settled)

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