The Locksmith Journal Mar-Apr 2017 - Issue 49 | Page 70

70 • BUSINESSNEWS PROUD SPONSORS OF THIS PAGE White Paper Housing ‘Fixing our broken housing market’ » » THE WHITE PAPER “FIXING OUR broken housing market” sets out a broad range of reforms that government plans to introduce to help improve the housing market and increase the supply of new homes. (GOV.UK) In this article, Clearview gives an overview of responses to the announcement. THE PROBLEM Extract from the Secretary of State for Communities and Local Government, Sajid Javid’s statement on the housing white paper issued on the 7th of February 2017: ‘For far too long, we have not built enough houses. Relative to population size, Britain has had Western Europe’s lowest rate of house-building for 3 decades. The situation reached its nadir under the last Labour government, when in one-year work began on only 95,000 homes – the lowest peacetime level since the 1920s. Thanks to the concerted efforts of central and local government, last year 190,000 new homes were completed. But that’s still not enough. To meet demand, we have to deliver between 225,000 and 275,000 homes every year. In short, we have to build more of the right houses in the right places. And we have to start right now.’ (GOV.UK) Explore Offsite Housing Urban Splash Declaring the housing market as ‘broken’ the government announced a pledge to invest in the offsite construction industry. The Housing White Paper sets out the government’s intentions to resolve the housing crisis through a series of measures with releasing more land, making planning more accessible and increasing productivity being the main solutions. Accelerating construction and increasing productivity through supporting offsite manufacturing techniques is a key objective that will act as a catalyst for change in the wider housing market. The white paper recognised that the ho