There is no one silver bullet to solve the UK’s ‘broken housing market’. Today the BSA welcomes the Housing White Paper as a positive first step towards a more joined up approach to housing and, we hope, the beginning of a coordinated government strategy.
Commenting, Paul Broadhead, Head of Mortgage Policy at the BSA said:
“A housing market that meets the needs of all must include a mix of tenures; recognising renters’ needs as well of those aspiring to buy makes far more sense than making home ownership the single priority.
“However you cut it, we don’t have enough homes in the UK. The causes are complex, so it is good to see a White Paper which recognises this, but we look forward to receiving more detail in the coming weeks and months.
“It is encouraging to see the Government pledge support in today’s White Paper for offsite construction, in particular Modern Methods of Construction(MMC) as we have called for. A cross-party approach is needed to practically deliver this.
“It’s time to turn plans into action. We will continue to work closely with government to help provide more UK homes and ‘fix’ the broken housing market.”