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Biggest Housing Review in More than a Decade has Launched Today

March 30, 2016

Taylor Wimpey chief executive, Pete Redfern has launched a major review into British home ownership, at the request of Labour shadow housing minister, John Healey.

Taylor Wimpey chief executive, Pete Redfern has launched a major review into British home ownership, at the request of Labour shadow housing minister, John Healey.

The Redfern Review will look at housing supply, first-time buyers and planning issues. The new and independent review will be carried out by Redfern and a panel of expert advisers, including former Monetary Policy Committee (MPC) member, Dame Kate Barker and Andy Gray, former managing director of mortgages at Barclays. The independent review findings will be published at the end of the summer.

Maud Rousseau, group marketing and communications director of SearchFlow, comments:

“Despite it being over a decade ago, a lot of issues that were highlighted within the Barker report still remain at large. The Government has repeatedly pledged to tackle the housing supply issue, the lack of first time buyers and planning issues. The Government has budgeted £2 billion to the housing budget to deliver 400,000 affordable homes by 2020 and announced further reforms to the planning system to deliver additional homes more quickly; such as amending planning policy to ensure the release of unused and previously undeveloped commercial, retail and industrial land for Starter Homes. They also plan to support regeneration of previously developed, brownfield sites in the greenbelt, by allowing them to be developed in the same way as brownfield sites elsewhere, providing it delivers Starter Homes, to help bring to fruition the Government’s intended 200,000 Starter Homes.

“The Government’s rhetoric claims that progress has been made but an independent review questioning and challenging policies must help ensure that everything that can be done, to resolve this growing crisis, is being done.”

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