The Lyons Housing Commission, which was first established in 2013 to advise on how a future government may bring about a sustainable increase of house building in England to 200,000 a year by 2020, has reconvened in response to the present Government’s target of creating one million new homes by 2020.
Whilst the Commission has welcomed the ambitious target set by the Government, they note that the burden for this increase cannot be expected to be borne by the volume house building industry alone. The Commission recommends engagement with other interested parties including small and medium sized house builders, the wider construction industry, housing associations, local authorities and investors in private rented accommodation.
In addition the Commission has made five key recommendations to the Government on the actions needed in order to meet the target of one million new homes by 2020. These are:
The Lyons Housing Commission Update Report is an interesting development in addressing the need to build more new homes. We watch with interest how the government responds to the report’s key recommendations which will impact heavily on the housing sector.
The full Lyons Housing Commission update report can be found here.
For more information please contact Emma Honey, Head of Real Estate on email@example.com or 01392 687563