LABOUR will outline new definitions of affordable housing in its green paper today as well as announcing plans to build a million more social homes over 10 years for low and middle-income earners.

The party said that, in government, it would redefine the Tories’ definition of affordable housing, linking pricing to incomes  social housing rent, “living rent” and low-cost home ownership.

The Tory government’s current definition of “affordable housing” is rent up to 80 per cent of that on the private market.