Generation ‘locked out of home ownership’ in UK housing crisis Property The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]
We’ve been building since 1886 – the planning system is the worst it’s ever been Opinion Delays in the UK planning system – down to brick colour and tile choices – are stalling housing delivery. We need 3,000 new planners and faster approvals to meet national housing goals and boost economic growth, says Tim Roberts When Britain is in the midst of a housing crisis you don’t, as a house builder, [...]
Back to the 80s to fix the housing crisis Opinion Experts have been warning about the housing crisis for decades – and the solutions have been staring us in the face for just as long, says Kristian Niemietz “[T]he planning system […] has significantly increased land and housing prices […] and distorted the economic structure, all of which have led to the British standard of [...]
Autumn Budget 2024: Reeves commits £5bn for Government housebuilding programme October 30, 2024 Chancellor Rachel Reeves has committed in the Budget to more than £5bn of investment over 2025-2026 to deliver the Government’s ambitious plans on housing next year. In the Budget, Reeves announced a range of measures to support Labour’s target, including skills training, reforms to the planning system and additional assistance for affordable housing. She also [...]