Mortgage

Reid becomes new housing secretary after Reina exits – Mortgage Strategy

Steve Reed has become the new housing secretary after Angela Rayner resigns.

He served as Secretary of State for Environmental, Food and Rural Affairs from the post office, which he conducted after winning the general election last July.

Members of MPs at Streatham and Croydon North played a role at the center of the government’s economic and social agenda as it targeted 1.5 million homes to build before the end of the parliament.

Reed (pictured)’s first major task in his new job could begin Monday, when he was likely to have a final public debate on the renter’s bill of rights.

Extensive legislative plans include limiting rent increases to once a year to end the bidding war, eliminating fixed-term leases and prohibiting Section 21 No-failure property.

“We look forward to working constructively with him when the rental market is undergoing significant changes,” said Ben Beadle, CEO of the National Residential Landlords Association. [Reed].

“The top of the agenda will need to ensure smooth implementation of the Renters’ Bill of Rights.

“Other than that, there is a urgent need to support long-term investment in new decent quality homes to ensure that the private rental sector is based on trust and confidence between landlords and tenants.”

But Reed’s key mission is to oversee the UK’s most ambitious housing construction program since the 1970s.

The Plan and Infrastructure Bill proposed by his new department and adopted by Parliament will be at the heart.

Labor said the legislation would clear out planned objections and speed up decisions to “build Britain again” and boost economic growth.

It hopes that once the bill is passed, new homes and major projects can be started in the last three years of this council.

Labor said the bill will not only promote housing construction, but will also carry out a “fast track” of major economic infrastructure projects over the next four years with 150 planned decisions.

The real estate industry is seeking Reed to continue Rayner’s commitment to fostering home construction and streamlining key parts of the home development process.

Paul Rickard, CEO of developer Pocket Living, said: “It is crucial that the next minister of state continue their predecessor’s commitment to reforming the planning system and building the UK again.

“With housing beginning, the government can only start seeing new homes come forward only by taking decisive action on delivery barriers and leveraging everyone in the housing construction industry who is willing and able to build houses.”

Maria Harris, president of the Open Property Data Association, provided plans to Rayner with more leverage digital services to accelerate home purchases in a plan developed in February.

Rayner announced that the pilot will “open critical property information to “make it easier to share data among trusted professionals” to reduce the number of months from the home ordering process.

“It is disappointing to lose this advocacy at such a critical moment, and it is disappointing for everyone who is committed to achieving the much-needed change in the housing market,” Harris said.

“We are the cusp of the biggest digital transformation in the home purchase process, with its open data standards set to speed up transactions, reduce transactions in the fall and bring better results for consumers.

“To achieve this, it is crucial that the next Housing Secretary improves the leadership and stability needed to implement this effort and ensures that the momentum behind digitalization is not lost.”

Reed was first elected as a member of MP for his South London constituency in 2012.

He began his career in education and commercial publishing.

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