Industry Figures Urge Government To Build More Affordable Homes
Previous Post 18 of 35 Next

Industry Figures Urge Government To Build More Affordable Homes

posted in News by Skippy on 12:16 Jul 10th, 2015

« Back to News

Industry Figures Urge Government To Build More Affordable Homes 0 out of 5
0 customer reviews
(0, average: out of 0)

The government is being urged to do more to meet pledges made to build affordable homes as the nation faces a severe shortage all over the UK. Industry commentators have warned that unless moves are taken now, the issues could grow much worse in years to come.

Industry Leaders Encourage New Building Plans

Recent data from the department for communities and local government quarterly statistics for England showed that approximately 40,300 homes were started in England in the first quarter of 2015, marking a rise of just 10% when compared with the same time in 2014.

In the end 34,040 were actually completed, but figures taken before the recession in 2007 show completions averaged around 50,000 each quarter. It has been estimated that the UK requires at least 200,000 new homes a year to meet demand.

Jeremy Duncombe, director for Legal & General Mortgage Club, said: “It is encouraging to see a rise in house building in the UK but there is still a significant gap between the number of houses being built and the number that are needed.

“A lack of homes means that prices are pushed up, stopping many people from realising their goal of homeownership.”

This issue is one aspect which makes creating new homes so important, as the higher the demand gets compared with supply, the more people are struggling to get on to the housing ladder, leading to further widening of the gap between the richest and poorest in society.

BSA chief executive, Robin Fieth called on the new government to deliver a long-term strategy to counter the housing crisis, saying: “The single most important thing our new government can do for housing in the early days of this parliament is to set in motion a long-term plan based on national and regional demographics, infrastructure, employment and environmental concerns.”

This will be one of the biggest challenges for the government, as the requirements in different areas around the country can change considerably, from the type and size of houses to the amount that is needed. On top of that the infrastructure needed to create the houses would need to be considered along with the communities which live nearby to any planned developments.

However the potential jobs which will come from the new housing will have a positive impact and could be one of the answers to another of the government’s issues – to reduce welfare spending and encourage more people to work.

Andy Frankish, new-build director for London-based Mortgage Advice Bureau, said: “The fact that there are now more building starts than at any point since the recession hopefully shows this is the beginning of a sustained period of growth for UK house building.

“Custom build could be the key to getting UK house building back on track, as it provides consumers with affordable homes that meet their needs and slashes risk and costs for builders.”

Grab Lorry Hire From Skippy Nationwide

At Skippy Nationwide we provide cost-effective grab lorry hire which gives you ultimate flexibility. Using our network of trusted service providers, we will locate local grab lorry hire to ensure a fast and effective collection. Where possible, we can also arrange same day collections for improved waste management.

To order grab lorry hire for your site call today on 03333 218402 FREE or email sales@skippy.co.uk

Leave a Comment

(will not be published)
captcha

Comments

No comments yet...

Fill the details and we will contact you soon.
captcha *required fields
linkedin