Strong housing plan needed, says FMB

The latest S&P Global / CIPS UK Construction PMI data once again shows that not enough is being done to tackle the alarming fall in the rate of house building in the UK, says the Federation of Master Builders (FMB).

Brian Berry, chief executive of the FMB, said: “While it will come as welcome news to many in the construction industry that the sector saw growth in other areas, the continued steep downturn in housebuilding rates remains a major concern. Having taken the decision to only have 300,000 homes as an ambition not a target, the Government needs to set out a clear plan for house building to demonstrate that it is committed to substantially increasing housing supply.”

Berry continued: “The sad fact is that the housing market in this country is in crisis and has been for a long time. The lack of a visible government plan to address this is deeply concerning, and creates a lack of certainty, both for those people desperately looking to access the housing market, and for local housebuilders looking to deliver the high-quality housing that their local communities need.”
www.fmb.org.uk