Taylor Wimpey chief executive Peter Redfern is launching a review into declining home ownership.
The Redfern Review was announced last September at the Labour Party annual conference and will look for ways to prevent future drops in UK home ownership.
The review was commissioned by Labour shadow cabinet minister for housing and planning John Healey.
The review will concentrate on:
- What stops people buying their first home
- How will shifting home tenure works
- Home ownership in later life
- The availability of housing
- How current government policies will affect home ownership
The review panel will include former Barclays managing director of mortgages Andy Gray, former Bank of England monetary policy committee member Kate Barker, Chartered Institute of Housing chief executive Terrie Alafat and Oxford Economics director of consulting Ian Mulheirn.
The review will report its findings in late summer.