Briefing: tackling the under-supply of housing in England
The headlines from the Conservative Party conference in Birmingham were predictable. Brexit still means Brexit – which nobody, it turns out, knows exactly what.
Less headline-grabbing but arguably more substantive was Theresa May’s announcement to remove the borrowing cap on councils to build homes.
Current projections predict that, on average, there will be a 30,000-40,000 shortfall of new housing being built annually in England until at least 2039.
Putting it bluntly, England has a housing crisis. And Westminster knows it.
In early September, a House of Commons Library paper entitled Tackling the under-supply of housing in England was published.
We at BECG have produced a briefing note on the paper, which details six key issues around the housing shortfall:
- The contribution of local authority and housing association sectors
- The suitability of land for development
- Local authority planning department funding
- Funding the planning system
- (Lack of) diversity in the planning/property market
- Construction industry efficiency
Other notable trends/observations include the significant shift towards rental and where blame lies for the housing crisis.
You can read our briefing note on Tackling the under-supply of housing in England here.
The Government has launched an important consultation that will affect Local Plans and house-building across the country.
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