Dismal housing starts spur call to ‘get Britain building’

Aaron Morby 12 years ago
Share

The Government is falling well short in tackling the country’s burgeoning housing crisis, leading housing groups have warned.

Latest Government figures out today show annual housing starts totalled 104,970 in the 12 months to March 2012, down by 6% on the same period a year before.

The number of homes built is now running at less than half the number the Government admits is needed to meet demand.

Seasonally adjusted starts are currently 50% below peak output in December 2005. Completions are 36% below their March quarter 2007 peak.

The dismal quarterly figures show house building starts in England fell by 11% to 24,140, compared to the previous three months.

Even private housing starts fell 8% as house builders continued to focus on restoring balance sheets rather than building at higher volumes.

And public spending cuts saw housing associations starts slump 21%, despite a raft of Government measures to stimulate the market.

On the day that new figures came out, the National Housing Federation, Shelter and The Chartered Institute of Housing, warned in their second Housing Report that the government is not delivering on five out of ten key housing indicators.

These include housing supply, affordability of the private rented sector and homelessness.

The report urges the Government to make good on its promises, in particular to ‘Get Britain Building’, which as well as providing much-needed homes for thousands of families, will also deliver new jobs and economic growth.

The report also warns ministers of the urgency of meeting the nation’s housing needs as pressures, such as falling incomes and a growing and ageing population, intensify over the coming years, putting an increasing strain on Britain’s broken housing market.

David Orr, chief executive of the National Housing Federation, which represents housing associations, said: “Much more needs to be done to tackle this country’s dire housing crisis. Unless we build significantly more homes, it will only get worse.

“Building new homes will help fix our broken housing market and, with rising unemployment and living costs, spur economic growth by creating jobs and supporting small businesses. It’s a win/win for the taxpayer and for the millions stuck on waiting lists.’

Grainia Long, chief executive of the Chartered Institute of Housing, said: “The Housing Report shows the Government’s progress in addressing our national housing crisis is limited.

‘With the economy now in double dip recession, the pressures on the housing system will only increase and the Government needs to step up its efforts in response and be more ambitious in its strategy to boost housing supply and activity in the wider housing sector.

“Addressing the housing crisis in this way would also be a much-needed and powerful stimulus to economic growth.”

Latest news

Receivers in at £125m Manchester tower developer

Domis Construction walked away from scheme following doubts over funding
18 hours ago

McAlpine pulls out of £55m Carlisle Citadels project

University of Cumbria starts hunt for replacement contractor
4 days ago

Strabag UK suffers further big trading loss

Austrian contractor is gearing up for major presence in the UK market
3 days ago

Durham Uni picks UPP for £130m student scheme

Firm will deliver 1,000 self-catered bed spaces
3 days ago

Architects now upbeat after 10-months of work gloom

Larger practices see rising workloads in next three months
3 days ago

Motorist dies after collision with road paver

Police Scotland investigating fatal crash
4 days ago

McLaren Living appoints HG Construction for £69m scheme

Build to Rent scheme will transform former vacant car park site in Leeds city centre
4 days ago

Squibb liquidator probes £2m of “missing” plant

Machinery, cars and scrap metal have disappeared at demolition specialist
4 days ago

Galliford Try to re-enter affordable homes market

Contractor sets out new five-year plan to build margin to 4%
4 days ago

Former Sellar chief to lead civils contractor Kilnbridge

Owen Dannatt joins as new CEO as founder Dermot McDermott becomes Chairman
4 days ago

Hunt starts for nuclear fusion plant construction partner

Fusion energy plant to be built at West Burton coal power station site.
4 days ago

National Grid raises £7bn for big infrastructure upgrade

Rights issue to fund a major round of capital investment in energy infrastructure
4 days ago

Grenfell police probe to last at least until end of 2025

19 companies and 58 individuals could eventually face charges
5 days ago

Mace confirmed on £100m London office retrofit

Work underway on Helical's 100 New Bridge Street job near Ludgate Circus
5 days ago

Wylfa chosen for next big nuclear power station build

Government names Anglesey site for a large-scale gigawatt nuclear power plant.
5 days ago

Bowmer & Kirkland trading profit halves

Contractor buys HVAC specialist Adcock despite challenging market
5 days ago

Piling specialist Van Elle plans further job cuts

Piling specialist plans further cost savings in face of lower demand
5 days ago

Civils contractor A Catlow files administration notice

High voltage cable specialist lodges court notice
5 days ago

Green light for ARC Oxford lab campus

Work to start later this year on £40m Ascent building job
5 days ago

Stonehenge tunnel hit by another legal delay

Court upholds latest appeal against £1.7bn scheme by campaigners
6 days ago

Plans go in for huge Olympic Park construction hub

Bow Goods Yard could deliver 3.5m tonnes of materials a year to sites across London
6 days ago

40% affordable homes target for Labour’s new towns

Labour pledges to select new town sites by end of first year
6 days ago

Plan for £100m Liverpool Baltic station

Construction work could begin next year
6 days ago

Surgo Construction went down owing £4.5m

Biggest creditor is Bellway Homes after dispute on housing job
6 days ago

Vistry seals £157m West London housing deal

Around 575 homes to be built at Merrick Place scheme in Ealing
6 days ago

Streamlined Watkin Jones returns to profit in first half

Multi-room specialist sees secured work pipeline hit £1.4bn
6 days ago

Bellway hires ex-brickie as group construction chief

James Griffin to oversee move to the Future Homes Standard and timber frame.
6 days ago

Persimmon under fire for delays to £10m relief road

West Suffolk Council serves Breach of Condition Notices after timetable slips again
6 days ago

BAM wins £33m Kent secondary school job

Replacement Swanley academy to be built at live school site
6 days ago

Aluminium cladding specialist collapses

Melton Mowbray-based firm worked for several main contractors
1 week ago

Contractor services