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Achieving Labour's target of 1.5 million new homes in 5 years would require 𝐚 𝐫𝐚𝐭𝐞 𝐨𝐟 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐡𝐚𝐭 𝐰𝐞 𝐡𝐚𝐯𝐞𝐧'𝐭 𝐬𝐞𝐞𝐧 𝐬𝐢𝐧𝐜𝐞 𝐭𝐡𝐞 𝟏𝟗𝟔𝟎𝐬. A new report from the Institute for Government makes several suggestions for how this can be achieved, such as 𝐛𝐲 𝐞𝐪𝐮𝐢𝐩𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐬𝐲𝐬𝐭𝐞𝐦 𝐭𝐨 𝐝𝐞𝐥𝐢𝐯𝐞𝐫 𝐚𝐧𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐡𝐞 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐧 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐧𝐞𝐜𝐞𝐬𝐬𝐚𝐫𝐲 𝐬𝐤𝐢𝐥𝐥𝐬 𝐩𝐢𝐩𝐞𝐥𝐢𝐧𝐞𝐬. However, these suggestions shouldn't be treated as temporary measures. Making them permanent features in UK housing policy will help support the needs of the future. #HousingPolicy #HousingCrisis #Construction #HomeBuilding

🏠Australia and its ongoing Housing crisis🏠 New modelling has revealed the federal government’s housing strategy will only produce around 8,000 extra homes as most of the gains have been erased by labour shortages and red tape. Industry groups believe it is becoming impossible to meet the government's targets. The National Housing Accord aims to build 1.2 million new homes over five years – but without an urgent influx of labour and the cutting of red tape the industry believes the target is out of reach. Master Builders Australia CEO Denita Wawn told Sky News Australia that Australia is “going backwards before we go forwards”. 💪It’s time the Govt looked into Prefab Homes 💪 Sky News Australia:- (https://lnkd.in/gKCmda2s)

Affordable housing starts in London have dropped by 88% year-on-year, according to the latest data from the Ministry of Housing, Communities and Local Government. Affordable housing starts in London dropped to 3,156 in the 2023-24 financial year, down from 26,386 starts the year prior. In addition, affordable housing starts in England fell by almost two fifths (39%) in the same period, from 71,771 in 2022-23 to 43,439 in 2023-24.   Mohammed Parekh, founder and managing director at MRP Premier Group, comments: “This data from the Ministry of Housing, Communities and Local Government is a stark reminder of the challenges facing the affordable housing sector, especially in London. Several market factors are slowing down the delivery of much-needed affordable housing.   With construction costs still being expensive compared to before and finance costs and land values both still high, the viability of affordable housing schemes is still causing major issues for both the private and public sector."   You can read the full article from Ciaran Nerval in Property Week below https://lnkd.in/emXSxb_K 

Whilst this isn’t news to people working in development in the capital, it provides a helpful reminder of what is at stake. The challenges developers, housing associations, and local authorities are facing in London remain significant, be they economic or political. On the face of it, all parties want to see more homes delivered and more affordable homes delivered but it will get harder and harder if the demise of the SME housebuilder continues. This is particularly acute in London where SMEs account for a much higher proportion of new delivery than elsewhere in the country. The much welcome planning reform will help but we still need everyone to work in partnership, being prepared to be both pragmatic, innovative, and consistent. https://lnkd.in/e8aNMe3j

With the new labour Government promising more housing to be built this may be why. In Q1 2024 starts on new dwellings were down 34% on the previous year. The question is are they going to hit their housing target and will they relax the planning laws sufficiently to allow house builders to hit the targets required? #housebuilding #construction #recruitment #housing https://lnkd.in/evmFxbsj

As the new Government aims to build 1.5 million homes, challenges persist at new-build towns like Northstowe, Cambridgeshire, which still lack essential amenities. Our Planning Policy Lead, Elizabeth Bundred Woodward, spoke to the BBC to emphasise the need to rethink the reliance on large developers, advocating for stronger support for smaller builders and a commitment to prioritising brownfield sites over Green Belt land. It’s crucial to focus on delivering genuinely affordable homes that reflect local incomes, and we must also ensure that our green spaces are protected for future generations. 👉 https://lnkd.in/eXUxRrvS

🏤 Two Councils are Very Concerned About Government’s Excessive New Housing Need Figures.. 🌲 Shropshire Council and Three Rivers District Council have registered very significant concerns about what they call revised housing need figures that would result from Labour’s proposed national planning policy changes. 🌲 Following a landslide victory in the general election held on 4 July, the new Labour Government announced on 30th of July that it would be consulting on proposed revisions to the NPPF and the standard method, used for assessing local housing need. 🌲 In the consultation, which runs until 24 of September, the government proposed the standard method be replaced with a new, two-step formula. This would see each Council being expected to assume a build rate of 0.8% of existing housing stock in its area as a baseline minimum. 🌲 There are now concerns that if introduced, the proposal would mean some LPAs need to plan for significantly more homes in their local plans. #planning #building #homes #newbuild #houses

HOUSE BUILDING TARGETS: THE AFFORDABLE HOUSING CHALLENGE AND S106 CRISIS With the UK aiming to build 1.5 million homes in the next five years, delivering 100,000–140,000 affordable homes annually is critical—but far from straightforward. Rising construction costs, squeezed housing association budgets, and the shifting viability of Section 106 agreements are delaying much-needed developments. Key stats: Local authority housing waiting lists: 1.33M (2024) Households in temporary accommodation: 123,000 (2024) Average house price-to-earnings ratio: 8.26x (2023) Affordable housing completions 56,000 homes Solutions needed: Long-term Affordable Homes Programme funding Increased flexibility for Right to Buy receipts Rent reform to unlock housing association capacity Collaboration, creativity, and investment are the only way forward. Let’s tackle this challenge head-on. What innovative solutions do you see for driving affordable housing delivery? #UKHousing #AffordableHousing#housingcrisis#PlanningReforms # DevelopmentSolutions#HousingInnovation

🏗️ The UK’s Ambitious Plan to Build 300,000 Homes Each Year 🏘️ The UK government has launched an optimistic plan to build 300,000 new homes per year. This initiative has been put in place to, hopefully, address the persistent housing crisis the UK population has been experiencing. In our latest blog, we review the aims of the strategy which look to stabilise property prices, reform planning challenges and bolster the housing market. Read it in full her: https://lnkd.in/dPdFFgA6 #UKHousingCrisis #Construction #NewHomes #Planning #HousingMarket #PropertyPrices #OpusInsights