Housing Market

Ministry of Housing, Communities and Local Government written question – answered on 30th January 2019.

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Photo of Lord Taylor of Warwick Lord Taylor of Warwick Non-affiliated

To ask Her Majesty's Government what assessment they have made of the impact of uncertainty caused by Brexit on the UK property market.

Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth The Parliamentary Under-Secretary of State for Wales, Parliamentary Under-Secretary (Housing, Communities and Local Government)

The Department is working across Whitehall to understand the implications of leaving the EU, including for delivering our housing objectives. The Department also regularly monitors the housing market to make sure we have the best information to help support a housing market that can deliver the homes this country needs. To that end, the Department remains focused on achieving our long-term objective to create, fund and drive a housing market which delivers 300,000 homes a year on average by the mid-2020s.

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