News · 28 June 2026

Minister plans state-owned developer to boost housebuilding

The housing secretary is reportedly developing plans for a state-owned housing developer to help increase the number of new homes built. This new body could borrow money at lower rates than private companies and housing associations, which are currently struggling. The plans are not yet finalised and cannot be enacted until after the new government takes office.

By BriefTea Editorial · 28 June 2026 at 12:41

Reported by Guardian · How we write briefs

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