The report explores the addition of this form of housebuilding, particularly offsite construction, into the mainstream repertoire of the UK housing industry: housebuilders, mortgage lenders, surveyors and general insurers. At scale it offers one way of easing the UK’s housing crisis, which is primarily caused by a lack of housing supply.
The UK has consistently underbuilt for many years and the current contribution falls short of the Government target of 200,000 new homes a year. Utilising offsite construction methods offers a way of providing well designed, high quality, affordable homes at a faster rate than is currently possible. If the UK doesn’t diversify its housing supply, the imbalance between supply and demand cannot practically be broken.
Read the report here.