The Conservative Minister for Housing, Gavin Barlow, lost his seat in the general election, thus prompting the appointment of his replacement, Alok Sharma.
Although this may appear as a strange decision, what with Sharma having no experience in the housing sector, his previous professions in accountancy and corporate finance should come in useful for the challenges ahead.
Sharma’s main responsibilities are concerned with policy surrounding housing and home ownership. Beyond this, he will also be responsible for managing estate regeneration and regulation of the private sector.
With Sharma being the 6th new housing ministers since 2010, we will have to see if he has more success than his predecessors in holding onto his position.
You can read further analysis by CEO of The Guild, Ian McKenzie, here.