NHBC's response to the Government's Summer Budget
National House Building Council
Commenting on measures outlined in the Governments Summer Budget aimed at boosting levels of house-building, Mike Quinton, Chief Executive of NHBC said:
“NHBC registered 145,174 new homes for development in 2014 across the UK, up 9% on 2013, but with research showing that 245,000 homes are needed every year to meet demand, there is still some way to go.
He added: "We welcome the launch of The Housing Growth Partnership earlier this week, which gives vital financial support to small and medium sized housebuilders. It also helps to increase the supply of new homes that our country so desperately needs.
"Small housebuilders and developers have contributed to UK housing output throughout history. However, in recent years the number of smaller builders have not returned to the market at the same rate following other recoveries. Research by NHBC last year found that access to finance is one of the biggest barriers preventing smaller housebuilders."
