Building more social homes is a no-brainer

The Government must help fix part of the broken housing market and build for the future

Bringing together sixteen commissioners from across the political spectrum, Shelter have released a report titled, ‘A vision for social housing’, which analyses the state of social housing across the country.

The report reinforces the message that the entire housing sector has been telling successive Governments for the last twenty years, that not enough social housing is being built.

The National Federation of Builders (NFB) welcomes the detail of the report and supports many of the recommendations, specifically the need to build many more social homes and replace those lost to ‘right to buy’.

A responsible Government must act to reduce the burden on the tax payer while increasing the number of social homes available. Positive steps have been taken through the decision to lift the borrowing cap that local authorities face when financing social housing but not all councils can access increased borrowing unless they already own 200 social homes.

Unfortunately, Shelter’s report does not acknowledge the role of local plans in stimulating social housing, as local authorities can work hand in glove with providers to assure them of development opportunities during the site allocation phase.

Richard Beresford, chief executive of the NFB said: “Industry, popular opinion and economists continue to tell the Government that they must build more social homes. It’s time they listened and became the first Government in twenty years to meet very clear expectations.”

Rico Wojtulewicz, Head of Housing and Planning policy at the House Builders Association added: “A major social house building programme is a no brainer. You help house those in need, stimulate local employment and business, help fix part of the broken housing market and build for the future.”

Latest news shared by: National Federation of Builders

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Breaking News

Breaking Property News – 17/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   CEO Adam Pigott on tour in Norfolk with tlyfe App Full disclosure CEO Adam Pigott and his team are one of my earliest clients, so it is always a pleasure to hear what they have been getting up to. And this week they were…
Read More
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker

Headlines The average 5-year fixed mortgage rate is now 4.84%, up from 4.45% a year ago The average 2-year fixed mortgage rate is now 5.23%, up from 4.77% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.77%, up from 4.46% a year ago The average 60% LTV 5-year fixed mortgage…
Read More
Rightmove logo
Breaking News

Rightmove comment on inflation reducing to 3.2%

UK inflation slowed less than expected last month, making traders and economists more cautious about the likely pace of interest rate cuts. Matt Smith, Rightmove’s mortgage expert said: ‘It’s positive to see inflation continuing to fall this morning, albeit not by quite as much as expected, as the blocks continue to build towards the anticipated…
Read More
Estate Agent Talk

Multifaceted Rewards of Vineyard Estates: Investing in Vineyard Estates in Provence for a Fulfilling Lifestyle Business

Vineyard estates provide an exceptional opportunity to invest in a lifestyle business that aligns with a passion for crafting something unique, freedom for creativity, and business interests while harmonizing with the rhythms of nature. In Provence, you can invest in winemaking and foster authentic connections with the land and community while enjoying your returns. It’s…
Read More
Breaking News

Breaking Property News – 16/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   VTS Activate Multifamily launches Press Release – LONDON – April 16, 2024 – VTS, the industry’s only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today announced that it has launched a revolutionary new resident experience technology offering, VTS Activate Multifamily.…
Read More
Breaking News

Breaking Property News – 15/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Ascendix deep dives into the world of the AVM This month Yana Yarotska from Ascendix gives some thought leadership on the operational world of AVM’s and how Artificial Intelligence plays into the mix. ‘AI property valuation refers to the application of artificial intelligence, such as machine learning…
Read More