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Rayner Urges 1.5 M Homes Target Amid 400k Shortfall

7/25/2026

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Story summary
  • Housing secretary Angela Rayner is pushing the Labour manifesto goal of 1.5 million homes by 2029.
  • Only about 400,000 net new homes have been built, leaving a large gap.
  • Rising raw-material costs, skills shortages and higher mortgage rates after the war in Iran are hindering progress.
  • Labour’s relaxed planning rules, extra planning officers and reliance on private-sector subsidies have not cleared backlogs or eased local opposition.