Close Menu
WTX News
    Facebook X (Twitter) Instagram
    Trending
    • Arrests made at protest for Palestine Action in London
    • Jamie Overton replaces Saqib Mahmood in England XI for third ODI
    • Sure! Here’s the text without the site name, category, date, and full stops: “It blew my mind as a kid” TV fans reveal best sci-fi series ever
    • Israel warns Gaza City residents to flee south to humanitarian area
    • Mauricio Pochettino ‘shocked’ by Daniel Levy’s Tottenham exit
    Facebook X (Twitter) Instagram YouTube
    WTX News
    • Live News
      • US News
      • EU News
      • UK News
      • Politics
      • COVID-19
      • Business
      • Tech zone
    • World news
      • Middle East News
        • UAE News
        • Palestine News
      • Europe
        • Italian News
        • Spanish News
      • Africa news
      • South America
      • North America
      • Asia
    • News Briefings
      • UK News Briefing
      • World News Briefing
      • Live Business News
    • Sports
      • Football News
      • Tennis
      • Women’s Football
    • MY World
      • Climate Change
      • In Review
      • Expose
      • Special Reports
        • Conscience Convoy
        • Rohingya Report
    • Entertainment
      • Insta Talk
      • Royal Family
      • Gaming News
      • TV Shows
      • Streaming
    • Lifestyle
      • Fitness
      • Fashion
      • Cooking recipes
      • Luxury
      • Money Saving Expert
    • Travel
      • Culture
      • Holidays
    • Sign Up
      • Log In
    WTX News
    • Live News
    • World news
    • News Briefings
    • Sports
    • MY World
    • Entertainment
    • Lifestyle
    • Travel
    • Sign Up
    Home - UK News - Network Rail to set up property company to deliver 40,000 homes

    Network Rail to set up property company to deliver 40,000 homes

    Network Rail to set up property company to deliver 40,000 homes

    Network Rail to set up property company to deliver 40,000 homes

    • WTX News Editor
    • March 27, 2025
    • 2:20 am
    • No Comments

    Cliff Notes

    • Network Rail will establish a new property company aimed at constructing 40,000 homes on its rail estate over the next decade to help meet the government’s housing targets.
    • The Treasury launched a cross-government taskforce to release surplus public land, including Ministry of Defence sites, for housing, which is expected to facilitate the highest levels of house building in 40 years.
    • Chancellor Rachel Reeves highlighted surplus government land as a crucial resource to improve homeownership opportunities while anticipating a £6.2 billion economic boost from planning reforms by 2029.

    Network Rail to set up property company to deliver 40,000 homes 

    Network Rail will set up a new property company to build 40,000 homes on its rail estate over the next decade in a drive to meet the government’s housing target.

    The Treasury on Thursday announced the launch of a new cross-government taskforce to release surplus public land for housing, with unused Ministry of Defence (MOD) sites also to be among the first to be released.

    Announcing the plan, Chancellor Rachel Reeves said it would “unlock the next generation of homeowners”, as the government strives to deliver 1.5 million new homes by the end of this parliament.

    It comes after the UK’s fiscal watchdog estimated efforts to unblock the planning system will result in the highest levels of house building in 40 years, adding around £6.2bn to the UK’s Economy by 2029.


    Additional sources

    • Network Rail to set up property company to deliver 40,000 homes – Sky News
    • Network Rail to set up property company to deliver 40,000 homes – Yahoo News

    Network Rail will establish a new property company aimed at constructing 40,000 homes on its rail estate over the next decade to help meet the government's housing targets.
    Advertisment
    News Headlines
    Arrests made at protest for Palestine Action in London

    Arrests made at protest for Palestine Action in London

    Israel warns Gaza City residents to flee south to humanitarian area

    Israel warns Gaza City residents to flee south to humanitarian area

    Save 70% on VIP subscription
    News Briefings - the way to a better life
    News Briefings - the way to a better life
    Advert by Sponsors
    More from WTX News
    The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
    The latest gaming news
    Hot off the press!
    • Arrests made at protest for Palestine Action in London September 6, 2025
    • Jamie Overton replaces Saqib Mahmood in England XI for third ODI September 6, 2025
    • Sure! Here’s the text without the site name, category, date, and full stops: “It blew my mind as a kid” TV fans reveal best sci-fi series ever September 6, 2025
    • Israel warns Gaza City residents to flee south to humanitarian area September 6, 2025
    • Mauricio Pochettino ‘shocked’ by Daniel Levy’s Tottenham exit September 6, 2025
    wtx news brings you the latest news, a UK news briefing, Sports analysis, and premier league news with a special round-up of Business and crypto updates
    Facebook X (Twitter) TikTok Instagram

    News

    • World News
    • UK News
    • US News
    • EU News
    • Business
    • Opinions
    • News Briefing
    • Live News

    Company

    • About WTX News
    • Register
    • Advertising
    • Work with us
    • Contact
    • Community
    • GDPR Policy
    • Privacy

    Services

    • Fitness for free
    • Insta Talk
    • How to guides
    • Climate Change
    • In Review
    • Expose
    • NEWS SUMMARY
    • Money Saving Expert

    News delivered to your inbox

    Copyright WTX News 2025

    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.