After an eventful year with a series of announcements on affordable and social housing, the Letwin Review proposed a mix of tenure on larger sites and a consultation on new routes into affordable home ownership, including private sector shared ownership.
This Forum also explored prospects for the domestic housing market in 2019 and the ongoing impact of Brexit on the housing industry.
Government interventions continue to support diversity of supply. Lifting the local authority borrowing cap will enable councils to build homes and the Build to Rent guarantee is underpinning policy.
The Letwin Review has put forward a number of proposals in support of a diversified market and the government response is expected in the spring.
There is a consensus among most forecasters that we will need to bear in mind how the various Brexit scenarios will play out. Understandably, businesses are stress testing and scenario planning for a post Brexit future and attention needs to continue to focus on this.
House building has a long pipeline and strategies to mitigate risk in the supply chain should be considered early in the process. The housing market is largely domestic which provides some degree of insulation although the key factors which will impact the market are consumer confidence and the strength of wages and employment.
Letterbox to a house - Future proofing housing supplyShare News Article
Date:
Contributors:
Andy von Bradsky, Chairman
The Housing Forum
Mehban Chowdery, Regional Director
NHBC
John Marr , Principal, Devolved Government & Social Housing Director
UK Finance
Stephen Teagle, Chief Executive, Partnerships and Regeneration
Galliford Try
James Clark , Head of Housing
Greater London Authority
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You can download it below.