The Conservative Party will launch its manifesto with a focus on Brexit but has an huge pledge to build more homes.
Theresa May is set to announce the target of building 1.5m homes by 2022, as the parties ramp up their supply targets.
Like Labour earlier this week, its policy agenda will be set out in Yorkshire where prime minister Theresa May will promise economic security that comes from “strong and stable leadership”.
Under a pledge to “build a better Britain,” May has committed her party to creating good quality, affordable housing.
In essence, the manifesto commitments will take forward plans set out in the White Paper, Fixing the Broken Housing Market, which remains committed to home ownership.
The party said: “Too many ordinary working families are stuck on council waiting lists, facing unaffordable rents and struggling to save for that first deposit.”
The manifesto also sets out to halve the numbers of rough sleepers over the course of the parliament, with aims to eliminate it completely by 2027.
In a positive move that will appease many charities in the homelessness sector, the manifesto commits to giving the Housing First approach a pilot.
Like its two main rivals, the Conservatives are committed to building thousands of new homes. With Labour promising a minimum of one million new homes over the next five years, at least half to be council or housing association properties, and the Lib Dems committing to 300,000 homes a year for sale and rent by the end of the parliament, there seems to be a race on to see how many new homes a party can promise to build.
The Green Party have also pledged to build 500,000 social homes as they launched their election priorities.
The party also plans a shake up of social care, with plans promising that no one will have to sell their home to fund their care.
Instead, cost of care will be taken from their estate when they die, if it is worth at least £100,000.
A Conservative government would give councils and housing associations funding and make available housebuilding capability from the Homes and Communities Agency. Councils would be able to assemble land, including derelict buildings or unused pocket sites, more easily under reformed compulsory purchase rules.
The deals would require a proportion of the social homes built to be sold after 10 to 15 years, allowing increases in land and housing value to be reinvested in new social housing over time. The tenant would receive the first Right to Buy on the property at the point of sale.
And because some of these homes will be sold after a limited period, this will ensure that developers consider the private value of homes, improving quality, and return funding for new social homes.
The Conservative Party said: “We will fix the broken housing market and support local authorities and housing associations to build a new generation of council homes right across the country.
“We will offer to support the most ambitious councils and housing associations build thousands of new homes, in exchange for them building a new generation of fixed-term, high-quality council homes linked to a new Right to Buy for social tenants.”