The Conservatives would build 300,000 homes a year, prioritising brownfield development. They would permanently waive stamp duty tax for first-time buyers of properties costing up to £425,000. This threshold was raised temporarily and is due to revert to £300,000 in March 2025. They have also proposed a new Help to Buy scheme.
Labour would reform planning rules, fast-forward development on brownfield and what it calls “grey belt” land such as car parks. The party has pledged 1.5 million new homes over five years. It wants to extend an existing scheme, which helps people get a mortgage with a smaller deposit and is backing more rights for renters.
The Liberal Democrats want additional social housing and new “garden cities”. They support local authorities that want to end the “right to buy” policy for council housing, ban no-fault evictions, make three-year tenancies the default, and create a national register of licensed landlords.
The Green Party would invest in new social housing, pledging to build 150,000 “affordable social homes”. They would ban no-fault evictions and introduce rent controls. They would set higher environmental standards for new builds and would require more affordable units.
Reform would fast-track planning, offer tax incentives for development on brownfield sites and give tax breaks to small-scale landlords. People born in the UK would be given priority for social housing.
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