Latest News Wed, Oct 18, 2017 8:48 AM
Prime Minister Theresa May has hosted a housing summit at 10 Downing Street.
The PM met with housing developers, housing associations and local government to discuss plans to increase housing supply.
Representatives of large and small housing developers, housing associations and local government were invited to discuss achieving a step change in the delivery of new homes.
At the meeting, the Prime Minister emphasised the government’s ambition to tackle one of the biggest challenges facing our country today – fixing the broken housing market. For too many people, home ownership has moved increasingly out of reach, and people are finding themselves spending longer in insecure private rented accommodation that is becoming ever more expensive.
"The Prime Minister outlined her plans to increase housing supply which means developers, big and small, local authorities and housing associations all stepping up to play their part," said a Downing Street spokesman.
"Other issues discussed included making the most of modern methods of construction, having the skilled workers we need, helping small and medium sized enterprises grow and making sure planning permissions granted by councils were delivered into new homes.
"Those in attendance also had an opportunity to set out their ideas and commitments, as well as the actions needed to remove the barriers they were facing in building new homes.
"They also discussed some of the recent measures taken by government including enabling 130,000 more families to get on the housing ladder through the £10 billion Help to Buy scheme and an additional £2 billion for affordable housing.
"It was a positive and collaborative meeting which needs to signal a step change in house building if we are to build a country that truly works for everyone."
Lord Porter, chairman of the Local Government Association, said the fact that local government had a seat at the table at the Prime Minister’s housing summit is another positive sign that the Government rightly sees councils as part of the solution to our housing shortage.
"It was encouraging that everyone around the table agreed with us about the important role councils must play and pleasing that the Prime Minister is taking personal ownership of this challenge," he added. "The last time we were building the number of homes that the country needs, in the 1970s, councils were building 40 per cent of them.
“Councils want to get on with the job of building the new homes that people in their areas desperately need again and are already playing their part by approving nine out of 10 planning applications.
“We now hope to see positive action taken by the Government in the Autumn Budget to spark the genuine renaissance in council housebuilding we desperately need.
“This includes the lifting of the housing borrowing cap to allow councils to invest in building new affordable homes, enabling councils to keep 100 per cent of receipts from any homes they sell and ensuring planning departments can be adequately funded so that they can cover the cost of processing applications.”
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