11:09 AM, 23rd August 2021, About 2 years ago 1
Richard Bacon MP’s review of Custom and Self Build, commissioned by the Prime Minister, finds huge potential in the Self Build sector which could deliver 30-40,000 more homes every year, and recommends a major-scaling up of self-built homes to boost the overall housing supply. This will see homes that can be built in weeks that are better designed, built to the highest environmental standards and with cheaper household bills.
The report was commissioned to improve the housebuilding industry by giving customers more choice, and to make home building a mainstream, realistic and affordable option for people across the country.
The government has already committed £150 million for the Help to Build scheme which will allow home builders to borrow money with lower deposits.
The government is also providing funding for local councils to create high quality serviced plots that are ready to go, stepping up self and custom build housing projects across the UK.
Housing Secretary Rt Hon Robert Jenrick MP said: “As we build back better we want to help more people build their own home, making it an option for thousands who’ve not considered it or ruled it out before. This will help get more people on to the housing ladder, ensure homes suit people’s needs whilst providing an important boost to small builders and businesses too.
“I warmly welcome Richard Bacon’s report which matches our ambitions for the custom and self-build sector. We will consider it fully and respond to the recommendations in due course.
“The launch of the Help to Build equity loan scheme will be a game-changer to the self and custom build market and will allow individuals to borrow with lower deposit mortgages which will go towards the design and build of their new home.”
The Bacon Review puts forward 6 recommendations:
Richard Bacon MP said: “We need to build more and better new homes. Custom and self-build can help achieve this, by putting customers and their choices back at the heart of the process. When customers come first, we will see more homes built – that are better designed, better built, greener and which cost less to run – and which are warmly welcomed by their communities. This review sets out a route map for how we can achieve this much needed change.”
The Ministry of Housing, Communities and Local Government will publish more detail on Help to Build shortly followed by its official response to the Bacon Review in the Autumn, including reviewing options on how best to support Custom and Self-build (CSB) housebuilding.
The government’s reforms to the planning system will help support the CSB industry by streamlining and modernising the planning process, bringing a new focus to design and sustainability and ensuring more land is available for development where it is needed.
Previous ArticleRent controls planned by new SNP/Green coalition