Small builders key to delivering 1.5 million housing target, says FMB
Posted: Thursday, December 12th, 2024
The Prime Minister’s speech re-committing the government to its target of building 1.5 million new homes over the next five years and the significant promises made on planning reform is welcome news, says the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB, commented: “The FMB fully supports the ambitions of the Government in delivering a significant increase in the UK’s housebuilding rates. “However, we have also been clear the goal of building 1.5 million homes over the next five years will simply not be viable without significant steps to tackle the ongoing construction skills crisis, diversify the housing market from a small number of volume housebuilders, and ensure substantial planning reforms are rolled out.” He believes that the UK's challenge in tackling the housing crisis is immense, and it is comforting to hear the Prime Minister re-commit to housing targets, alongside pledging support for new major infrastructure projects. Builders across the country will welcome his message of support for planning reform. Berry concludes: “However, this must be delivered in a way which benefits and supports the entire construction industry, including SMEs, if they are going to deliver on their aims. Local builders stand ready to deliver growth, and the FMB looks forward to seeing the plans laid out in the Planning and Infrastructure Bill in the coming months.”
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