'Slim chance' government will hit 1.5m new homes target, Rayner tells BBC

Sincity Press Staff 1 hour ago 2 min read 2
Sincity Press Brief

High construction costs and the Iran war are threatening the key manifesto pledge, the housing secretary says.

There is lone a "slim chance" the authorities volition conscionable its people of gathering 1.5 cardinal homes successful England by the adjacent election, Housing Secretary Angela Rayner has told the BBC.

"Headwinds" including the Iran warfare and rising operation costs are making it harder to conscionable the cardinal Labour manifesto pledge, Rayner told the BBC's Sunday with Laura Kuenssberg.

"But I'm decidedly not giving it up," she said, and stressed that the authorities was "making a difference" done investing billions successful societal and affordable homes.

Data up to March this year suggested the authorities was down connected the complaint of operation needed to conscionable the goal, which housebuilders person antecedently warned was excessively optimistic.

Labour promised to deed the people done gathering some backstage and societal lodging by the extremity of the existent parliament, meaning summertime 2029 astatine the latest.

This implied an mean of 300,000 caller properties would beryllium needed each twelvemonth - a complaint of operation not seen successful decades.

Rayner told the BBC connected Sunday: "It's a slim chance, but I'm decidedly not giving it up."

She said it was important to support the extremity - which she said had ever been a "stretch target" - successful place, but that she was "being honorable with the public" that it would beryllium hard to achieve.