New figures have revealed over 189,000 new homes have been built in the past year.
The latest Government housing supply report states the number of new homes has risen 11% this year, contributing towards its one million new homes target by 2020.
Out of the 189,650 new additions to the housing supply; 163,940 were new build homes and 30,600 were gains from change of use between non-domestic and residential. Due to planning reform, housebuilders also increased office to resi conversions to 12,824.
Overall, the number of new build homes marks a 38% increase from 2013.
Housing Minister Gavin Barwell said: "We promised to turbocharge house building so more people can have the security of their own home, and that is exactly what we are doing with the biggest increase in the number of new homes in many years."
With planning permissions now running at around 275,000 a year, the Home Builders Federation (HBF) said this provides a "strong forward indicator" of future supply.
Stewart Baseley, HBF's Chief Executive, said: "These figures provide the best evidence to date as to how much house builders have ramped up housing supply. The Government's ambitious target to build one million homes over the course of this parliament is now within reach.
"In response to the positive measures introduced by Government in recent years, such as Help to Buy, huge increases in output have been delivered. Providing Government continues to create an environment within which the industry can operate and grow house builders will continue to increase delivery of new homes."
However, Chief Executive of the Federation of Master Builders (FMB, Brian Berry, said there is "still plenty of room for more radical solutions to meet the one million target".
"The Government needs to turbo-charge the SME house building sector," he said.
"Smaller firms, once the main drivers of house building in this country, have become only marginal players in the market, which has hampered the capacity of the industry. The Government has already recognised the importance of revitalising SMEs through its attempts to improve the availability of finance for smaller firms, but much more can be done.
"In particular, we need to see a renewed focus on enabling planning permission for more small sites, which are the bread and butter of SME builders. We're hopeful that the Government will listen to the voice of SME builders in its forthcoming Housing White Paper and put measures to enable more small scale development at the heart of the country's house building strategy."
(LM/MH)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
20/11/2024
Construction firm Willmott Dixon has partnered with Westminster City Council on a £36 million project to restore the historic Seymour Centre in Marylebone, a Grade II listed building dating back to the 1930s. The project, procured through the SCF framework, will see the three-storey centre undergo ...
20/11/2024
The Hill Group has commenced work on a new development in Billericay, Essex, which will deliver 179 high-quality homes across a 20-acre site. Designed to blend with Billericay's scenic countryside while addressing the pressing demand for sustainable housing, the project is located on Kennel Lane ...
20/11/2024
Extensive groundwork is underway for a new housing development in Maidstone, where Vistry Group, in partnership with Legal & General Affordable Homes, is set to build 272 properties on the site of the former Tovil Quarry off Farleigh Hill. The project will include 37 affordable homes for low-cost ...
20/11/2024
Stonewater has scooped a new energy efficiency retrofit contract with compliance and energy services provider Correct Contract Services. This work, funded through the Social Housing Decarbonisation Fund (SHDF) Wave 2, will include a range of energy-saving upgrades. Measures such as loft ...
20/11/2024
Kier has been appointed by Cambridgeshire County Council to deliver building, mechanical, and electrical maintenance services across the Council's portfolio of 160 corporate buildings. The contract, which began in November 2024, will run until 2027, with the possibility of two one-year extensions ...
20/11/2024
Builders use water for various functions on the job, they utilise this resource for worker hygiene, hydration, concrete batching, grouting, dust suppression, drilling and piling. If companies mismanage this water use, they can increase their environmental impact. When the industry comes ...
20/11/2024
Edmond Shipway has been appointed to a pioneering initiative tackling homelessness in Greater Manchester, providing project management and cost consultancy services on the second phase of Embassy Village. Set to deliver 40 purpose-built homes for men facing homelessness in Manchester, Embassy ...
20/11/2024
West Sussex County Council is inviting residents to share their views on proposed transport improvements at the Hazelwick and Tushmore junctions on the A2011 Crawley Avenue. The proposals aim to make walking, cycling, and public transport more appealing for short journeys. This initiative is part ...
19/11/2024
McLaren Construction has commenced works at the first UK industrial scheme in the East Midlands for a joint venture with Garbe Industrial Real Estate GmbH and Invesco Real Estate. McLaren will oversee all aspects of construction for the £30 million project located in Shireoaks, Worksop - in the ...
19/11/2024
Pennyfarthing Homes has submitted a planning application for 74 new homes in Fordingbridge as part of its plans to build a neighbourhood of 342 homes on the northern edge of the Hampshire market town. The new development which is part of the wider scheme known as Forde Valley and follows ...