Development FinanceNews

CLG Committee to launch housebuilding inquiry

The Communities and Local Government Committee is launching an inquiry into the capacity of the housebuilding industry which is expected to see it take a closer look at the role of development finance. 

The Committee is expected to invite the chief executives of major developers to give evidence and will also look at the role of small and medium-sized developers, the skills, size and sustainability of the workforce and planning rules.

Clive Betts MP, chair of the Committee, said: “The capacity of the homebuilding industry is a key factor in housing supply, which is simply not keeping up with demand and has left us in the midst of a crisis.

“The Committee will cast a critical eye over the major homebuilders, examine the decline of small and medium-sized developers and look closely at the skills shortages, planning delays and finance issues hampering the industry.

“Our wide-ranging inquiry will also explore alternative models, such as self-builds and off-site construction, to see if such innovative approaches to homebuilding can help address the country’s housing needs.”

The Committee is welcoming written submissions recieved before 12 September 2016.


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