Latest Housing White Paper means good news for SMEs

The Government has announced that they are planning on tackling the UK’s housing crisis by having more homes delivered by SMEs. It has been identified that the decline of SME builders is one of the main reasons that the government is not on track to achieving their target of building one million new homes by 2020.

Delivering new homes on small sites does not only mean good news for SME’s. It also means that housing developments should be finished more quickly, as is the average for smaller sites in comparison to larger ones.

Brian Berry, the Chief Executive of FMB said, “This change is something that the FMB has been calling for and in our view, is one of the biggest game changers to come from today’s 100 page Housing White Paper. If this can be shown to deliver real improvements in planning, then it would make a good case for further increases along the lines the White Paper suggests.”

Berry concluded, “Delivering more homes on small sites doesn’t just provide opportunities for SME builders but on average delivers homes more quickly than on large sites. This White Paper will result in ambitious new housing targets for councils which they will have to deliver against – these targets will not be met through an over-reliance on large developers and large sites. If local authorities fail to meet their targets they could lose control over their own planning policy and the threat of this should provide the impetus for councils to push more small sites through the system. It is in everyone’s interest to see SMEs play a far greater role in house building and small sites are key to this.”