Business leaders have urged the government to tackle the housing shortage by expanding the rental sector and creating incentives for older homeowners to vacate large properties.
The CBI set out 10 recommendations to get more people into suitable housing ahead of the publication of a white paper by the Department for Communities and Local Government on tackling the housing crisis.
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The number of new homes registered across the UK continues to outperform 2014 levels, according to NHBC.
For the rolling quarter (February – April), registrations increased by 20% compared to the same period last year (41,307 in 2015; 34,451 in 2014). This follows the strong Q1 growth reported by NHBC earlier this month. Continue reading
New house building figures released today by NHBC for Q1 2015 show that more than 40,000 new homes were registered in the UK during the first three months of the year, an increase of 18% on the same period last year.
In total, 40,281 new homes (30,691 private sector; 9,590 public sector) were registered, compared to 34,163 (24,428 private sector; 9,735 public sector) registered during Q1 last year. Continue reading
Analysis of new figures published this morning by the National Housing Federation show that just 118,760 homes were built in England in 2014, more than a 120,000 shortfall on the 245,000 experts predict is needed every year to keep pace with new households forming. Since the last census in 2011, the backlog of unbuilt homes totals 515,340.
Despite growing concern about the housing crisis and sustained population growth, housebuilding hovers below the 125,000 mark for the sixth year in a row – the lowest peacetime levels since the 1920s. Continue reading
Official figures released show a big rise in the number of new homes started last year. The data from the Department for Communities and Local Government shows that 137,010 new homes were started in 2014.
The figures show house building numbers are still recovering strongly, with starts up 10% on 2013; 36% on 2012 and 59% on the trough in 2009. House building starts are the favoured measure of house building because it provides the best indication of current activity. Continue reading
Chancellor of the Exchequer George Osborne has set out plans to help London meet its need for over 400,000 homes on a visit to Aura development by Weston Homes in Edgware, with the Mayor of London.
A package of housing investments announced today for London included the establishment of a London Land Commission, based at the Greater London Authority, which will be tasked with identifying public sector brownfield land that is no longer needed in London, to help ensure that all of the capital’s brownfield sites are developed by 2025, and help meet its target of over 400,000 new homes by 2025. Continue reading
England would get a shot in the arm of £3.6 billion and 71,000 full-time jobs would be created or sustained if more affordable homes were built now to help tackle the housing crisis, according to the National Housing Federation.
Experts have warned that the nation needs to build 78,500 affordable homes per year to keep pace with demand, yet last year less than a quarter of this amount were built – 20,000. Building more affordable homes would also help the 1.37 million households stranded on waiting lists for affordable housing across the country. Continue reading
Three-quarters of the British public think there is a housing crisis in Britain, according to a new poll.
Seventy-five per cent of people surveyed by Ipsos MORI for the Chartered Institute of Housing (CIH) agree that there is a housing crisis in Britain, while almost half (46 per cent) think there is a housing crisis in their local area. Continue reading
October was the strongest month for new housing registrations since June 2011, figures released by NHBC have revealed.
The figures show that a total of 13,950 new homes were registered in October (11,151 private sector; 2,799 public sector). The previous highest single month for new home registrations was in June 2011, when 14,565 homes were registered. Continue reading
The numbers of new homes in England has risen by 10% over the past year – the highest percentage increase in 12 years, new figures today show (13 November 2014).
Housing Minister Brandon Lewis welcomed the news, which means the government has now delivered over half a million additional new homes since 2010. Continue reading