“Housing crisis should not be forgotten.” – HSPG

Following the news that Boris Johnson has resigned in light of the avalanche of ministerial resignations, Guy Horne, CEO and co-founder at HSPG has said that it is of vital importance that the need for new housing is not forgotten.

He said:  “As the eleventh housing minister in ten years, Andrew’s departure alongside the firing of Michael Gove the Secretary of State for Levelling Up, Housing, and Communities, represents further turmoil for UK housing, which is already in crisis.”

He added: “With the UK facing a cost-of-living crisis, June saw a further 1.8% rise in house prices despite suggestions of a cooling market. In light of these economic pressures, the need for improved provision of Affordable Housing has never been more urgent. Yet, housing supply consistently remains below the government’s target of 300,000 new homes each year with recent analysis finding the government missed housing targets by 40% in 2021. The next housing minister must not dismiss these targets as arbitrary figures. As the government emerges from the current political unrest, the importance of addressing the chronic shortage of Affordable Housing and meeting housing demand must not be forgotten in the race to find the UK’s next leader.”