‘Housebuilders do not sit on land’ – HBF hits back at Rayner’s plan for slow build-out fines

Housebuilding

Trade body calls on government to focus instead on the ‘actual reasons’ for subdued supply

The Home Builders Federation (HBF) has said its members do not sit on land and has urged government to focus instead on the ‘actual reasons’ for subdued housing supply.

The trade body is heavily critical of the government’s proposals announced over the weekend aimed at increasing the speed at which sites with planning permission are built out.

Under the proposals housebuilders will be required to commit to specific delivery timeframes before they get planning permission and will face financial penalties if they fail to meet them. The penalties will be “worth thousands per unbuilt home” and paid directly to local planning authorities.

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