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Builders federation welcomes housing policy

July 13th, 2011

If excess public sector land is made available for housing then this is a step in the right direction from the government, reports the Home Builders Federation (HBF)

It stated that it has been arguing for this for over a decade, as it will raise the amount of developmental space in the country and help to increase the supply of residential accommodation.

However, local authorities must also start providing planning permission for developers to build homes for this policy to have any real success, it declared.

HBF executive chairman Stewart Baseley said: “Alongside the lack of mortgage availability, a lack of viable, developable land with planning permission has been the most significant long-term constraint on housing supply”.

He explained that, with other policies in place to ensure this land is used, thousands of jobs would be created and the country will benefit from economic and social changes.

The HBF also recently welcomed the government’s Firstbuy scheme, which aims to make it easier for first-time buyers to purchase a newly-built home.

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