Nowhere near touching distance of the 250,000 homes a year we desperately need says Shelter
Shelter’s response to DCLG housebuilding figures, which show:
- In the last 12 months 153,330 houses were built – an increase of 11% on the previous year
- 41,180 houses (seasonally adjusted) were started in England in the second quarter of 2017, a decrease of 3% previous quarter.
- 40,310 houses (seasonally adjusted) were built in England in the second quarter of 2017, an increase of 2% on the previous quarter.
- 10% fewer homes were built in the last twelve months than a decade ago in the year between July 2006 and June 2007.
Polly Neate, Shelter chief executive, said: “While there has been a small increase in homes being built, sadly we’re nowhere near touching distance of the 250,000 homes a year we desperately need.
“It’s also extremely worrying to see housebuilders shifting down a gear and starting to build even fewer homes, when millions of families are struggling and in urgent need of an affordable home.
“The main reason for this persistent failure is the mammoth cost of land which encourages developers to build at a snail’s pace and keep prices high and ensure they still make big profits.
“The government needs to introduce a new housebuilding system which lowers the cost of land and works with communities, rather than against them, to build the affordable homes families are crying out for.”
Source of information Shelter.
You May Also Enjoy
Popping the Asking Price Bubble
Highest demand to lease office space since pre-pandemic
Planning consultations for major infrastructure to be streamlined
‘The property ladder pulls further away’ warns Open Property Group
How Long It Takes to Buy a House in the UK: 5 Common Delays That Can Slow Down Your Home Purchase
