Search
Close this search box.

New homes hits a ten-year high

That manifesto commitment equated to nearly 200,000 new homes a year, though there remains a question mark over whether the Tory pledge related to the building of new homes or just the ‘delivery’ of new stock, which can include the creation of new homes through other means including change of use.
targets

MHCLG dwelling stock estimates just released shows that the creation of new homes is on cue to hit a ten-year high in percentage terms. Contributor Joseph Daniels, Founder – Project Etopia.

This ten-year high for the creation of new homes in percentage terms is a welcome milestone, appearing as it does in the long shadow of ambitious house building pledges set out by the government at the last election.

That manifesto commitment equated to nearly 200,000 new homes a year, though there remains a question mark over whether the Tory pledge related to the building of new homes or just the ‘delivery’ of new stock, which can include the creation of new homes through other means including change of use.

However, even if the government was to argue all additional dwellings count towards the manifesto commitment, the rate of progress is still too sluggish to render its commitment for a further 500,000 homes by 2022 a safe bet.

The country is moving in the right direction, just not quickly enough, so it may take further incentives or policy changes to inject a bit of urgency into the growth in these figures.

Read more

Latest News

Read More

Prioritising employee wellbeing in the era of rising business travel

24 May 2024

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

Reporting to the Chief People Officer, the Head of Business Partnering and Employee Relations drives the alignment of FSO's business and people strategies,… £75,000 –

Reporting to the Chief People Officer, the Head of Business Partnering and Employee Relations drives the alignment of FSO's business and people strategies,… £75,000 –

Are you an HR Manager seeking to work for an independent professional services firm in the heart of the City? Are you looking to work

Are you an HR Manager seeking to work for an independent professional services firm in the heart of the City? Are you looking to work

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE