Migrants 'to be handed 40 per cent of new homes by 2030'

According to the OBR, net migration between 2026 and 2030 is expected to reach almost 1.2 million people.

Using ONS data on average household size, the Conservatives estimate this would require around just under 500,000 additional homes for new arrivals alone.

Britain is projected to deliver about 1.34 million new homes over the same period.

The Conservatives say this means 37.1 per cent of all homes built over the next five years would be needed to house migrants.

By 2030, that proportion is forecast to rise to 39.1 per cent.

Government figures also suggest migration-driven demand could increase property prices by around £9,489 per home.

Shadow Home Secretary Chris Philp said: "High immigration has real consequences for rents, house prices and who gets access to new homes."

He added: "Labour has opened the door without any plan to deal with the consequences."

Meanwhile, Shadow Housing Secretary Sir James Cleverly said: "Labour can promise a building spree, but the OBR's own figures show more than a third of those homes will be absorbed by migration before local families even get a look in.

"That is why young people feel permanently locked out and local communities feel under strain."

Sir James also pledged to tackle housing demand pressures by abolishing stamp duty and removing illegal migrants within seven days.

A spokesman for the Government said: “We are pulling every lever to build 1.5 million homes, restore the dream of homeownership and end the housing crisis we inherited.

“This is alongside the biggest overhaul of Britain’s settlement model in 50 years, to tackle the unacceptably high levels of net migration in recent years which under this government, is down by nearly 70 percent.”

In December, it was revealed that asylum seekers are set to be housed in newly built council homes as part of the Government's push to end the use of migrant hotels.

Up to 200 local authorities are reportedly interested in the scheme, while five councils - Labour-run Brighton and Hove, Hackney, Peterborough and Thanet, along with Labour-Liberal Democrat-run Powys - have confirmed their involvement, according to The i Paper.

The pilot programme would provide £100million in additional funding to build new homes or refurbish derelict properties to house asylum seekers.

Some council leaders are said to favour effectively "renationalising" asylum accommodation rather than relying on private contractors, and welcome the prospect of expanding their housing portfolios.

In 2024, more than 1.3 million people were on social housing waiting lists in England - the highest figure since 2014.

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