Government refuses to extend State Public Guarantee beyond 35 years

The Secretary of State for Housing has ruled out extending the public guarantee for housing loans beyond 35 years, emphasizing the need for limits on the measure. She acknowledged the ongoing housing crisis, which has been evident since 2015, and stated that no single measure can resolve it. The government is actively engaging with stakeholders in the housing sector to find effective solutions. She highlighted the importance of restoring trust in the rental market and ensuring security for both landlords and tenants. The current rental law is under review to address issues of vacant properties and landlord confidence.