One year on: progress and challenges: A record of achievement -- but there are challenges ahead. -- The government's objectives over the next year -- Flexibility and innovation -- Support for a robust, vibrant and diverse housebuilding sector -- A renewed role for local government

Responding to uncertain times: mitigating the effects: Help for first time buyers and young families -- Next steps -- Help and advice for existing homeowners -- Next steps -- Maintaining the delivery of affordable homes

Setting the conditions for greater long-term stability and resilience in housing supply -- More and better homes for first time buyers, social tenants and the wider community -- Growth programmes -- Eco-towns -- Rural housing -- A better deal for those who rent -- Support for homeowners - mortgage rescue schemes -- Supporting a robust sector - strengthening delivery capacity in the medium term -- Making best use of public land -- Stronger local leadership -- Planning for the longer term --

Annex: government action to assist first-time buyers, existing homeowners and the development industry

Document sets out some immediate steps being taken by the government in response to the current housing market, several of which are focused around redressing the balance of housing affordability. Measures include a new scheme to support first time buyers into affordable home ownership by renting first and buying later; the launch of the first local housing companies, ensuring that local authorities once again play a central role in delivering new housing and confirming that funding beyond the £200m already allocated to buy unsold stock from housebuilders for affordable homes could be made available to housebuilders for the purchase of suitable properties.