The Labour Party has outlined several new housing policies as it’s annual conference starts in Brighton this weekend.
The party has announced that a Labour government would give first-time buyers ‘first dibs’ on new-build properties for six months. It would also place limits on the amount of property overseas investors can purchase in new developments.
Speaking at Labour conference on Saturday, the party’s shadow housing secretary Lucy Powell also pledged to reform rules governing how developers contribute towards affordable housing.
Powell also said Labour would give councils new powers to buy land for homes.