Latest News | 15th February 2017

Fixing our broken housing market and what it means for SME housebuilders

The Department for Communities and Local Government has published its White Paper ‘Fixing our broken housing market’. In the white paper the government announces its strategy and commitment to build 225,000 to 275,000 new homes to keep up with the demand and tackle years of under supply.

We have highlighted a sample of some of the assurances that the Government has made:

The government recognises that the current pace of development is too slow; reason for this is planning permission is currently not up to speed, more than a third of new homes that were granted in 2010/11 have yet to be built. A speedier process is much needed to keep up with demand and the government has announced investment in making the planning system more open and accessible.

Currently the market is dominated by large house developers whilst we also need SME housebuilders to tackle the housing crisis. The government is backing small and medium sized builders by its recently launched Home Building Fund. The report also covers improving the availability of data about wider interests in land; a survey has found that SMEs often find it hard to acquire land for instance.

Housing Growth Partnership was also mentioned in the white paper as a new player helping to provide funds to SMEs.

HGP will continue to help SME housebuilders around the country, if you are interested in growing and looking for investment speak to us and find out how we can help.

 

© 2024 Housing Growth Partnership. All Rights Reserved.

Housing Growth Partnership Manager Limited, 25 Gresham Street, London, EC2V 7HN, Registered Company Number 09507116, registered in England and Wales.

Authorised and regulated by the Financial Conduct Authority, firm reference number 709515

Ensuring an inclusive environment for our colleagues and communities

A key part of how we seek to deliver our purpose is to strive to create a fully inclusive environment for all our colleagues, partnerships and communities, one that is truly representative of modern-day Britain. Quite simply, a more inclusive society is a more prosperous society, and a diverse business is a better business. That means that we also speak up and act when something feels wrong – for example, we know it’s not enough to simply not be racist, we need to find ways where can be actively anti-racist by providing allyship to our partners and colleagues. We’re an anti-racist organisation and do not tolerate hate. We will take action against discrimination and inappropriate behaviour, whether racist, sexist, homophobic, transphobic or ableist, regardless of whether this happens in our offices, over the phone or online on our social media channels. Quite simply, we believe in doing the right the thing. We know we won’t always get things right ourselves, but we are committed to always striving to do better, for our colleagues, partners and communities.

Investment Disclaimer

The information, commentary and other materials in this website (“Content”) is intended to describe the activities of Housing Growth Partnership Manager Limited (“HGP”) and does not make any offer, inducement or invitation and does not give rise to any obligation or commitment. The Content is intended to be communicated only to persons who are legally able to receive it in their jurisdiction of residence. HGP invests its own money and no person, whether or not involved in a transaction with HGP, should expect to be treated as a client of HGP and no employee or other person associated with HGP has the authority to represent or state otherwise. HGP will not provide any investment services to any person, and/or advise any person on the merits of, and /or make any recommendation to a person in relation to, the terms of any transaction. Therefore, HGP does not take responsibility for providing you with the protections that would be afforded to a client and you should seek your own independent legal, investment and tax advice as you see fit. The Content does not provide any representation or warranty or achievement of any future gains, express or implied. HGP does not accept and, to the extent permitted by law, excludes liability to any person for any loss or otherwise that may arise from relying upon or using the Content of this website.