Chloe Smith
MP for Norwich North

Government Announcements Update: Fixing the Housing Market

Author: Chloe Smith, Updated: 25 October 2017 11:27

I wanted to share a letter I received from the Secretary of State for Communities and Local Government. It relates to our housing market and what the government plans to do to fix it and help those who are struggling to make it onto the housing ladder.

I have included the letter below and would like to pair it with a more recent announcement from the Government, which is a chance for you to have your say on the buying and selling process. The Prime Minister and Secretary of State have launched a consultation calling for your views on the process. The government is committed to improving the existing home buying and selling process in order to make it cheaper, faster and less stressful. So if you have something to add, please do follow the link below and have your say.

This consultation forms part of an 8 week review the Secretary of State is conducting into the housing market. Part of this review will look into the practice of ‘gazumping’ whereby a seller accepts a higher offer from a new buyer, having previously accepted a lower offer.

There is also an existing consultation, which seeks you views on reforming the planning system to increase the supply of new homes and increase local authority capacity to manage growth.

As the Secretary of State mentions in his letter, housebuilding is now at its highest level since 2008 and nearly 190,000 new homes were delivered last year. I care about everyone in Norwich North having a good home and keeping our area a great place to live. So the Government will continue working hard to make sure the housing market begins to deliver for those who feel locked out of it.