NFB: We need homes now, not promises in four years

The NFB welcomes £2bn of extra funding, but housing associations should not have to wait until 2022 for it to become accessible.

Prime Minister Theresa May will tell the National Housing Federation (NHF) that £2 billion of new cash will be available for housing associations from 2022 to build and manage tens of thousands of properties.

The prime minister will also tell the NHF that social housing is not the tenure for second class citizens and that housing associations have the tools to build homes and take on major developments themselves, rather than acquiring a proportion of properties that commercial developers build.

The Labour Party has said that the promises fall short and that, if the Conservatives are serious about fixing the housing crisis, they should back Labour plans to build a million genuinely affordable homes.

The National Federation of Builders (NFB) welcomes the extra funding, but thinks that the country cannot afford to wait until 2022. In addition, the NFB is sceptical that the language used focuses on major developments but not the broken planning process.

Housing associations play a key role in diversifying the housing market, as well as delivering a wide range of sites. However, typically partnering with small and medium sized builders (SMEs), they experience many of the same barriers to building that the non-volume sector faces.

It is therefore frustrating to notice the lack of reference to the inefficient planning and plan-making process, affecting the major developments that the prime minister would like registered providers to deliver.

Richard Beresford, chief executive of the NFB, said: “NHBC Foundation research identified that 40% of small builders build for housing associations because the supply barriers SMEs face are also encountered by registered social landlords. We are disappointed to see that both the Government and the opposition avoid discussing the elephant in the room: the broken planning process”

Extra funding for £2 billion is extremely welcome, but it will not be accessible until 2022, it will not fix the inefficient planning process and does little to dispel the negative myths around social housing.”

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. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Renters’ Rights Bill: lettings experts outline key changes landlords must prepare for

Following the long-awaited Renters Rights Bill achieving Royal Assent, lettings and compliance experts at Beresfords Group are advising landlords to start preparing now for the most significant reform to the private rented sector in decades. While the bill has now officially become law, much of its detail including implementation dates and transitional arrangements remains unclear.…
Read More
Breaking News

England’s south coast sees highest rent increase in UK

Southampton, Portsmouth and Worthing average rent prices rise by +8%, the highest rise in the UK Renters in Yorkshire get the most for their money with UK’s lowest average rents of £978 Landlords didn’t flock to sell up, amidst Renters’ Rights Act anticipation   A report released from one of the UK’s leading estate and…
Read More
Estate Agents should not all look the same
Breaking News

Why the human relationship still defines real estate lending

By Daniel Austin, CEO and Co-founder, ASK Partners AI is now a core driver of transformation in financial services, reshaping the foundations of real estate lending. Over 85% of UK lenders now deploy AI tools to streamline operations and improve decision-making, according to AllAboutAI.com. For a sector long criticised for rigid risk models and slow…
Read More
Breaking News

Britain’s most desirable military towns where homes command premiums as high as 51%

The latest research from eXp UK has revealed that homes located close to some of Britain’s most prominent military towns command a price premium of up to 51% when compared to property values across their wider local authority areas. eXp UK analysed property values across 12 postcode districts home to major Army, Navy and RAF locations,…
Read More
Breaking News

Labour tax tirade hits UK with largest millionaire exodus of all global nations

The latest analysis from international property consultancy, Astons, reveals that the UK has seen the sharpest annual decline in its millionaire population of any country, a trend driven by sweeping tax hikes targeting high-net-worth individuals (HNWIs) – including increases to Capital Gains Tax, Inheritance Tax, and major reforms to the non-dom regime. As a result, more…
Read More
Breaking News

Breaking Property News 10/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   New conversational platform achieves $1.3M in ARR after only eight months of trading The next-generation conversational AI platform transforming property management, has announced that it now powers 25% of all Purpose-Built Student Accommodation (PBSA) beds in the UK – equal to 168,000 beds – just…
Read More