SCOTTISH LABOUR has backed the “dream of home ownership,” amid a housing emergency in the country. 

As the party gathered in Glasgow’s Scottish Event Campus for its annual conference, it announced plans it claims will both “drive down house prices” and “support first-time buyers” to counter the 28 per cent rise in prices over the last five years.

Scottish Labour said it would reform planning to force private developers to sell 20 per cent of stock at a discounted price “in perpetuity,” as well as extend the existing SNP New Supply Shared Equity scheme, which covers social housing, to the private sector.