The Prime Minister’s speech, re-committing the Government to their target to build 1.5 million new homes over the next five years, and the significant promises made on planning reform, is welcome news, says the Federation of Master Builders (FMB).
Brian Berry, Chief Executive of the FMB, commented: “The FMB fully supports the ambitions of the Government in delivering a major increase in the UK’s housebuilding rates. However, we have also been clear the goal of building 1.5 million homes over the next five years will simply not be viable without significant steps to tackle the ongoing construction skills crisis; diversify the housing market from a small number of volume housebuilders; and ensure substantial planning reforms are rolled out.”
Berry continued: “The challenge the UK faces in tackling the housing crisis is immense, and it is particularly pleasing to hear the Prime Minister re-commit to housing targets, alongside pledging support for new major infrastructure projects. His message of support for planning reform will be welcomed by builders across the country. However, this must be delivered in a way which benefits and supports the entire construction industry, including SMEs, if they are going to deliver on their aims. Local builders stand ready to deliver growth and the FMB looks forward to seeing the plans laid out in the Planning and Infrastructure Bill in the coming months.”