Housing and the Budget – prospects for 2018. CEO Forum Conclusions.03 January 2018
Our last CEO Forum of 2017 was co-hosted by NHBC. You can find the summary of discussion here
The conclusions of the Forum are:
• The recognition in the budget that diversity in the housing market is necessary to achieve the ambition of 300,000 homes a year by mid 2020s is welcome
• Housing associations with land holdings can build more swiftly than housebuilders would as they can create their own local market. Housing associations can move from one business model to another, depending on the viability or tenure mix of a site, so are well placed to respond to calls to increase volume.
• Design and build is not suitable for small contractors on small sites but these could be architect led to encourage development; larger contractors will generally work on sites of 20 plus units, which has resulted in a backlog of small sites with development potential.
• Local authorities are in a good position to support the development of smaller sites; on their larger sites, they could develop much more quickly but do they have to set up a Local Housing Company (LHC) to do this?