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Archived edition · July 24, 2026 Today's news →

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Housing

Housing pledge uncertainty and questions over Reform UK funding dominate news

The UK's housing targets and the funding of Reform UK are significant domestic concerns being reported across news sites. Politicians are acknowledging potential difficulties in meeting the pledge to build 1.5 million new homes, with one report highlighting that a quango may be exacerbating a hidden council house crisis. Separately, scrutiny is intensifying over the financial backing of Reform UK, with questions arising about its donors and their potential influence.

Economic news also features prominently, with reports indicating an increase in average UK mortgage rates. Meanwhile, ongoing international events, such as wildfires in France and Spain and continued strikes in the Gulf between the US and Iran, are being monitored by the media.

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Housing Pledge Uncertainty

Reports highlight uncertainty surrounding Labour's pledge to build 1.5 million new homes. Angela Rayner has admitted the target might not be met, and Andy Burnham has been informed that the quango Homes England could be contributing to a hidden council house crisis. This raises concerns about the feasibility and delivery of the government's housing agenda.

Mortgage Deals Continue to Rise

The cost of mortgage deals in the UK has seen another increase, with the average two-year fixed-rate deal now reaching 5.5%. This trend indicates ongoing pressure on homeowners and potential buyers in the property market.

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