Ambition to deliver 1 million homes by 2020
Housebuilding Industry and Government announce shared ambition to increase housing output.
The Home Builders Federation (HBF), on behalf of its larger members, share the Government’s ambition to deliver ONE MILLION HOMES by 2020.
HBF and its members recognise that delivering 1 million homes requires significant further action from the house building sector and that there needs to be a substantial increase in the number of homes they deliver.
Accordingly, HBF’s largest members have an ambition to match their current rates of growth and in 2019 build more than double the number of homes they built in 2010.
Speaking yesterday, 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. Working with Government, and others, we want to ensure that the investment environment remains attractive and that the right measures are in place to support the delivery of the homes the country needs.”
To read the statement of intent in full visit HBF website click here
You May Also Enjoy
Real Estate Lawyers: Who They Are and What They Do?
Weekly News Roundup – 03/05/24
Rightmove’s weekly mortgage tracker – 02/05/24
Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry
Breaking Property News – 02/05/24