Home  |  About us  |  Information &
publications
 |  Strategic
Forum
 |  Discussion  |  Links  |  News  |  Blog  |  Contact us

Building a Better Future for the Construction Industry

HBA: warmly welcomes abolition of cap on what councils can borrow to build houses   3rd October 2018

The Prime Minister Theresa May has shown her commitment to help fix the housing crisis by announcing the abolition of cap on what councils can borrow to build houses, in her keynote Conservative party conference speech.  
 
The Housing Builders Association (HBA), the house building division of the National Federation of Builders (NFB), is delighted that the Government is helping tackle the crippling house crisis, by listening to the industry and finally addressing concerns which the HBA has lobbied on for quite some time.
 
The HBA has had the cap on local authority borrowing for new housebuilding as a measure in all of its past manifestoes and the entire supply chain has worked hard towards achieving this. Lifting councils’ house building cap will now help small and medium-sized (SME) builders and councils to work together to deliver the Governments’ target of delivering 300,000 homes a year.  
 
Richard Beresford, chief executive of the NFB, said: “The NFB congratulates the prime minister for recognising a substantial barrier preventing the Government from meeting its target to build 300,000 new homes a year.
 
“Lifting the borrowing cap for councils will diversify the housing market, stimulate industry capacity and help councils more easily meet their affordable homes requirements. The entire housing supply chain should be very proud of their collective campaigning on this issue.” 
  

 

NEWS ARCHIVE Subscribe to the Construction Alliance News feed

12.12.18
Construction SMEs are being left behind by off-site solutions
The House of Lords will debate the Science and Technology Committee’s report "Off-site Manufacture in Construction: Building for Change” which, among other concerns, cites a need to improve the productivity of the industry. More

7.12.18
Stigma attached to vocational education is unjust
Education Secretary Damian Hinds will tell an audience of business and education leaders that many young people are told that vocational courses such as apprenticeships are “second class” and the only way to get a good job is to get a degree. More

6.12.18
Contractors make switch from graduates to apprenticeships
Infrastructure contractors are starting to see a dramatic shift towards recruitment of apprenticeships according to new data published today. More

Earlier items

divider
follow us on twitterfind us on Facebookwatch us on YouTube