Commenting on the news that Esther McVey has been sacked as housing minister, John Phillips, national operations director at Just Mortgages, said: “Housing policy requires a clear sense of direction, and that has been sadly lacking in recent years as the ministerial revolving door has spun at a furious pace.
“Now that there is a government with a stable majority, I hope the new housing minister stays in place long enough to take on some of the long-term issues that have held the housing market back. It’s been easy to blame Brexit uncertainty over the last few years but the problems are more deep-seated than that.
“It’s not just about the latest initiative to help first-time buyers – however important that may be. There needs to be concerted action across government to boost supply and make better use of existing stock so that everybody can live somewhere that is right for their needs.”