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Conservatives Announce Deregulation Plan to Cut New Home Prices

By Drooid · Oct 5, 2026, 2:04 AM UTC · How we work

Summary

Story summary

The Conservative Party announced a deregulation plan to cut new-build home prices by about £50,000.
Shadow chancellor Andrew Griffith said the plan will scrap the Future Homes Standard.
The party will replace section 106 agreements and the Community Infrastructure Levy with a single developer levy.
Conservatives intend to abolish Natural England and the Environment Agency, moving functions to Defra.
They will also abolish stamp duty on property purchases.

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Story summary

The Conservative Party announced a deregulation plan to cut new-build home prices by about £50,000.
Shadow chancellor Andrew Griffith said the plan will scrap the Future Homes Standard.
The party will replace section 106 agreements and the Community Infrastructure Levy with a single developer levy.
Conservatives intend to abolish Natural England and the Environment Agency, moving functions to Defra.
They will also abolish stamp duty on property purchases.