Rayner likens housing target to her running a sub-five-hour marathon
Summary
Angela Rayner reaffirmed Labour’s commitment to its target of building 1.5 million new homes, describing it as a difficult but achievable challenge. In a separate interview, she said the government is not considering rent controls in England and pointed to the Renters’ Rights Act as already affecting the market.
Why it matters
The housing supply target and any changes to the private rented sector can influence demand, development activity and market conditions that surveyors monitor. The reference to the Renters’ Rights Act is also relevant for professionals advising on residential assets, landlord-tenant risk and compliance.
Key points
- Rayner said Labour will keep the 1.5 million homes target.
- She compared the target to running a marathon in under five hours, emphasising the scale of the challenge.
- She said the government is not looking at rent controls in England.
- Rayner said the Renters’ Rights Act is already having a significant impact on the market.
Organisations:
Labour, BBC, HMRC
Regulations:
Renters’ Rights Act, Stamp Duty
Locations:
England, London
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