Sajid Javid's speech on the housing market

Published on Thu, 16th Nov 2017 16:51

Communities Secretary Sajid Javid used a speech to warn that unless the Government succeeds, the UK risks creating a “rootless generation” who never stay in one place and become part of a community.

In a measure which ministers hope will indicate the direction of travel for the Budget next week, he will free up housing associations to borrow millions of pounds more for housebuilding.

They will be reclassified as private bodies, allowing their £70bn debt to be removed from the government's balance sheet.

See the whole speech here.