Kim Vernau comments on the Government’s initiative to directly commission the building of up to 13,000 new homes on public land
- Date: 04/01/2016
Kim Vernau, Chief Executive Officer, BLP Insurance, comments on the Government’s initiative to directly commission the building of up to 13,000 new homes on public land announced by David Cameron:
“David Cameron’s pledge to directly commission thousands of new homes will come as welcome news to small building firms in the UK. The availability of land has proved an ongoing challenge for SME housebuilders and this shift in government policy will help break down the barrier to increased levels of output in the future.
“The fact that previously public land will be sold with planning permission already in place will help address concerns over risks associated with brownfield sites which has historically deterred smaller building companies from taking on big construction projects.
“Over the last nine years we have seen a rapid decline in smaller housebuilders, faced with increasing regulations and a burdensome and protracted planning process. Cutting through this red tape is crucial and this step should be seen as encouraging for the UK Housing industry and for those consumers seeking either affordable or privately owned homes.”
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