Dropping local housing targets is endangering the Government's commitment to build 300,000 homes per year, a new report has found.

An inquiry by the Levelling Up, Housing and Communities Committee heard evidence from planning consultants that annual housebuilding will go down to around 150,000 a year under the Government's proposed policy reforms, which include changing mandatory local housing targets to an 'advisory starting point' and removing the requirement for a five-year supply.