This Government is committed to making the housing market work. By the mid-2020s, we aim to have increased house building to an average of 300,000 net new homes a year. And as we move towards achieving this target, we will not sacrifice higher quality and standards.
We have already made commitments to provide better protection for purchasers of new build homes who experience snagging issues and we know more needs to be done. On 1 October 2018, we announced our intention for there to be a New Homes Ombudsman to protect the rights of homebuyers and hold developers to account. We also announced our intention to bring forward legislation to require all developers to belong to a New Homes Ombudsman.
On 24 January, following a wide-ranging consultation with consumers and industry, we set out our plans to strengthen consumer redress for the whole housing market. I want to help plug the gaps in available redress services so that more people can get their housing disputes resolved without going through the courts. We have also made great strides to create greater fairness in the rental market by banning unfair letting fees, capping tenancy deposits and cracking down on rogue landlords.