Housebuilders on track to deliver Government’s ‘one million homes’
Figures released this week, and published by the Housebuilders Federation, show that nearly 200,000 homes were added to the housing stock in the last year suggesting that the Government’s plan to deliver one million homes in this parliament can be achieved. Overall there has been a 52% increase in housing supply over the past three years.
The new figures show that housing supply April 15 - April 16 was 200,070 up 10% of which 163,940 new build homes were built, up 6% (38% in past 3 years).
Part of the improvement has come from the Government’s Help to Buy scheme which has now delivered almost 100k sales.
This is obviously great news for Elmhurst's On Construction Members, and the HBF's view that " with all indicators suggesting that further increases will occur" suggests a positive future.
What is imperative is that the houses are designed and built to be as energy efficient as possible. Government statistics show that the new houses built last year will produce 7% less carbon dioxide, meaning that they will perform better than ever, but the removal of the zero carbon homes commitment, and no new Building Regulations on the horizon, means that the Government is missing a fantastic opportunity to deliver on its Paris 2015 commitment.