CBI issues report on housebuilding
The Confederation of British Industry (CBI) has published a new report on housebuilding, No Place Like Home. The report advocates an ambitious new way of thinking – matched with action – to tailor the types of houses that are built and the way they are delivered to the needs and aspirations of those who will live in them.
In order to ensure the UK’s housing challenge is met the CBI recommends;
- A strategic housing plan from the Department for Communities and Local Government, with the forthcoming white paper on housing being integrated and joined up across Whitehall and beyond
- Government help for small and medium-sized enterprise (SME) housebuilders through improved release of small sites of public land and making access to finance easier, by rolling out its Home Building Fund
- Recognising the importance of and improving the attractiveness of the Private Rented Sector.
- Government should give greater flexibility to Housing Associations, and increase capital spending on affordable housing
- The National Infrastructure Commission include housing as a strand within its forthcoming National Infrastructure Assessment
- Exploring the value of broadening the category of new homes that can be built on brownfield sites within the Green Belt
- Joint collaboration between new players in the market – from hedge funds to construction contractors – and established industry experts, as well as further support for innovation in the sector, such as off-site manufacturing.
The full report can be viewed here.