Measures aimed at fixing Britain’s “broken housing market” are being unveiled by ministers.
Communities Secretary Sajid Javid is saying the proposals will help people currently priced out of buying a home, and bring more stability to renters across England.
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
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
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
More homes must be built in London and greater diversity in the construction market could give the industry a much needed boost to meet the growing needs of the capital.
The London Assembly Housing Committee has written to the Mayor urging him to use public sector land to support house building in London by helping new and small developers enter the house building market. Continue reading
The government’s Affordable Homes Programme will change the way homes are built in Britain, Chief Secretary to the Treasury Danny Alexander and Housing Minister Brandon Lewis have said.
The ministers announced the successful bids for almost 62,000 homes under the first phase of the £23 billion programme, which will deliver 165,000 new affordable homes over 3 years from 2015. Continue reading
Skills shortage concerns in the construction industry now stand at their highest level since 2008 according to the latest RICS UK Construction Market Survey (Q2 2014).
UK 54% of respondents now say there are insufficient numbers of quantity surveyors currently available to meet workloads (up from 41% in Q1 2014). Continue reading
Housing Minister Kris Hopkins has confirmed that 15 councils will be able to borrow £60 million additional funds over the next 2 years to build over 1,000 homes in their area.
But he also launched a second round of bidding to ensure councils make full use of this opportunity – especially as authorities across the country have asked for more borrowing powers and up to £300 million in borrowing has been made available. Continue reading
Government departments have united to expand support for vulnerable people, Housing Minister Kris Hopkins and Communities Minister Stephen Williams said today (10 June 2014).
Over £65 million of funding from across Whitehall is being offered to councils and other organisations to tackle homelessness around the country. Continue reading
More than 55% of all home owners have requested cash-in-hand building work to avoid paying VAT according to research from The Federation of Master Builders (FMB).
Brian Berry, Chief Executive of the FMB, said: Continue reading