House builders have pledged to increase supply.
The House Builders Federation has issued a statement of intent, outlining its ambition to deliver the Government’s target of 1m new homes during the life of this parliament.
The HBF said that building rates on larger sites have doubled in the last two years, helping to deliver a 30% growth in supply.
The HBF says that by 2019, big companies will be building double what they did in 2010.
Stewart Baseley, executive chairman of the HBF, said: “Over the past two years the industry has responded to the positive policies introduced by Government and has delivered huge increases in output. All indicators clearly show the significant progress being made and last year we delivered more than 180,000 new homes in England.
“Moving forward the industry is committed to going further, and provided that the political, economic and policy conditions are conducive, to deliver further increases in supply.
“House builders are investing in their supply chains and have taken on tens of thousands of new workers to ensure there is the capacity and skills to deliver more high quality homes.”
Housing minister Brandon Lewis said he welcomed the statement. He said: “I’ll continue working with HBF and house builders to see rates of building increase further and look forward to seeing the results their review of larger sites.”
Comments (2)
The demand for new houses is increasing day by day because a number of people are shifting to developed cities for more earning. The region which gives a high package employment, for sure people will demand a new house for shelter. As people move to the new city with their whole necessary items like the household good, cars and many more with the help of safe auto transportation company, they need to settle in a house with big space. Many of them worry about their vehicle to be safely transported to target location and hence they opt to choose Florida Transportation service. This helps them to take a sigh of relief. For more details, one can hop over to this source: http://floridatransporter.com/auto-transport-Boca-raton.html
So where are they building?
Near Gatwick? Heathrow? Stansted? Brighton? Reading? anywhere within 1 hour commute of London ?
If Mr Osborne really cared he would stop building in these over built over populated and over priced areas and give huge incentives for companies to build their businesses in the North of England or Wales this might soak up the huge unemployment coming through from Tata and other last century businesses.