This article provides some of the key headlines from the past month in the housing and construction sectors.
Secretary of State for Levelling Up, Housing and Communities Michael Gove has warned developers that they must pay to fix the cladding crisis that they caused as he overhauls the Government’s approach to building safety. He has written to the industry giving them a deadline of early March to agree a fully funded plan of action, including remediating unsafe cladding on 11-18 meter buildings, currently estimated to be £4 billion.
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The 300,000 homes-a-year target is at risk until labour shortages, policy confusion and the lack of skilled planning staff are addressed, a House of Lords committee warned UK government. “Too many people currently live in expensive, unsuitable and poor-quality homes, and housing supply needs to be increased now to tackle the housing crisis.”
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The Regulator of Social Housing has published its 2021 Global Accounts, a financial overview of the social housing sector for the year ending 31 March 2021. The report shows that the sector demonstrated a resilient financial performance in the face of testing economic and operating circumstances.
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