Guild's CEO has concerns over appointment of new Housing Minister

Posted on: Wednesday, June 14, 2017

Alok Sharma was named the latest Housing Minister on the evening of 13 June 2017. 

The MP for Reading West is the 6th person in the role since 2010. 

But what will it mean for the housing market? The Guild's CEO, Iain McKenzie, shares his thoughts. 

“I welcome the news of the appointment of a new Housing Minister after waiting for five days after the General Election result. However, I am concerned by Alok Sharma’s lack of industry experience. There’s no doubt that his background in accountancy will help with the role, but the housing market is in crisis. We need a government representative who will stand up for the industry. I hope that Sharma can step up to the plate.

 “Perhaps more concerning is the lack of a cabinet position for the Housing Minister. Housing was a key concern during election campaigning, but now it looks set to take a back seat in policy making while Brexit dominates the agenda while the sector deals with yet another new housing minister. As CEO of The Guild, I am going to endeavour to raise the profile of the issues facing our industry during this government, no matter how long it lasts for.” 

A Guild Member will be up-to-date on compliance and other political concerns. To find your closest office, click here. 

Recent News

Queen Grants City Status to Guild-Member Locations

Thursday, May 26, 2022

In a competition being held as part of the Platinum Jubilee celebrations, a record number of...

Read More

Spring 2022 Market Report: Moving into spring

Tuesday, April 5, 2022

The desire to move remains on the agenda for many, with little sign yet that economic headwinds...

Read More

Regional Property Market Update Spring 2022: Thames Valley

Tuesday, April 5, 2022

Standing firm 2022 has started strongly. Sales volumes in January are predicted to be...

Read More

Get an instant online valuation

Find out how much your property is worth