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Matthew Pennycook

  • The housing sector deserves better than being threatened with rent caps

    Opinion

    The rental sector delivers not only homes but creates jobs and sustains communities. The government should recognise that, revalue the rental sector and stop demonising the very people and institutions building the homes Britain desperately needs, says Brendan Geraghty There are moments in life when you read a headline and feel genuine disbelief, and yesterday [...]

    Rachel Reeves speaking at an IOD event.
  • Reeves rent freeze: How did Chancellor turn to a Mamdani-style policy controversy?

    Property

    Reports of plans in Downing Street for a rent freeze came as a shock after a housing minister said Labour opposes the policy. Felix Armstrong explores why rent controls stoke so much controversy, from New York to Sweden. Rumours that Rachel Reeves is considering slapping a freeze on private rents shocked the property market on [...]

    Rachel Reeves is looking for growth
  • London Local Elections 2026: Who will win in Greenwich?

    London

    As voters head to the polls in Greenwich, the Labour stronghold is set to see a rise in Green support amidst a hike in council tax and a cut in central government funding of the local authority.  Back in 2022 Labour secured an overwhelming majority on the Council with 51 seats, with just three seats [...]

    Voters casting ballots at a polling station in London during a local election, with people waiting in line.
  • Land development transparency plans ‘solve problem that doesn’t exist’

    March 10, 2026

    The government has been accused of offering a solution to “a problem that doesn’t exist” over an initiative requiring landowners to publicly declare options over land.  The new policy, set to be unveiled by planning minister Matthew Pennycook on Monday, is intended to help small and medium-sized (SME) housebuilders by boosting transparency. The government hopes [...]

  • Labour must remember investors when reforming leasehold

    February 21, 2025

    Given that many properties are directly or indirectly owned by pension funds, getting leasehold reform wrong risks destabilising the property markets, transferring value to foreign investors and undermining the UK’s attractiveness, says Natalie Chambers The government’s rhetoric on harnessing institutional capital as a driver for economic growth is welcome. In the coming months, the government [...]

  • Housing crisis ‘hampers growth’ but minister vows 1.5m target on track

    November 20, 2024

    The UK’s housing crisis “hampers economic growth and productivity”, the housing minister has said, as he insisted the target of 1.5m new homes can be achieved. Labour pledged in its manifesto ahead of the election to deliver the 1.5m net additional dwellings over the course of the Parliament, ending in 2029. It came in response [...]

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