Property professionals can’t see the government meeting housing targets

An overwhelming 95% of property professionals doubt the government will reach the housing targets of 1.5 million homes over this parliament, research from Countrywide Surveying Services (CSS) has found.

Potential buyers are exploring the energy efficiency for future homebuyers, with 85% (20% “very important” and 65% “somewhat important”) indicating that energy efficiency will be a significant factor in homebuying decisions.

Morné Jacobs, director of new build at Countrywide Surveying Services, said:

“These results reflect the growing concern within the property industry about the feasibility of meeting the government’s ambitious new homes target.

“It’s a stark reminder that significant structural changes and support mechanisms are needed to accelerate housebuilding.

“However, there are also positive trends, particularly the increasing emphasis on energy efficiency, which we expect to shape future housing demand.

“At Countrywide Surveying Services, we are committed to leading the way in new-build surveying, working alongside our partners to support a range of sustainable and innovative housing solutions.”

Richard Rothwell, commercial development manager at Leeds Building Society, said:

“Building more homes is a crucial part of solving the national housing crisis

“However, the government’s commitment to build 1.5 million homes could be held up under current UK planning processes which are currently weighted towards the minority of people who oppose development, those whose voices are drowning out the people who support building more homes.

“We must work together to explore ways of unlocking opportunities for home building, to address the concerns raised in the Countrywide Surveying Services polls.”

Kindly shared by Property Wire