Of the 100 firms questioned, just 1% felt that it was possible to build more than 300,000 and this is despite 61% saying they were looking to increase output over the next 12 months. However, this is clearly split between large firms and smaller firms. 92% of those firms that build 1,000 homes or more homes each year were planning expansion, while only 57% of smaller developers could say the same.

The report also showed that the Help to Buy Equity Loan Scheme was of interest to many home builders with 46% saying that the end of the scheme in 2021 will have a negative impact on their business and the supply of new homes. Despite this 50% felt a tapered withdrawal of the scheme was wise and only 36% thought it should continue indefinitely.

The report also looked into the planning system and 39% of those questioned saw it as a top issue - a lower number than in previous years.

The figures come on the back of an appointment yet another Housing Minister (the 17th in 20 years). Many builders and experts are citing this lack of consistency as being harmful to the industry. The new housing minister Kit Malthouse has been broadly welcomed, however, some are expressing concern that strong leadership is needed especially when it comes to planning and land buying. They are asking for government policies that promote sustainable housing growth.