Commenting today on Labour’s launch of the ‘Redfern Review’ – the first major review into home-ownership in over a decade - Shadow Cabinet Member for Housing and Planning, John Healey MP said:

“Increasing home-ownership is Labour’s housing priority.

“A million more households became home-owners under Labour, but home-ownership is now in free-fall.

“Young people aspiring to own a home have been the hardest hit. What used to be a natural part of growing up is becoming a luxury for those on the highest salaries, or whose parents have the deepest pockets. It would be Labour’s first priority in government to change that.

“The Redfern Review will take a hard look at the causes of the recent decline in home-ownership, to help bring fresh ideas to the wider public debate on how we can get to grips with this problem.”