News · 28 June 2026
Minister plans state-owned developer to boost housebuilding
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PortlandAppraisalBlog via Wikimedia Commons (CC-BY-SA-4.0)
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.
Reported by Guardian · How we write briefs