Five important drivers of house building, identified by the RTPI, have been included in the House of Lords Economic Affairs Committee’s Building more homes final report.
The committee agreed with the RTPI on the following areas:
- The private sector is unable to meet housing demand alone and, therefore, local authorities need to play a greater role in house building
- Local authorities and housing associations should be incentivised to build homes through a range of mechanisms, including taking a larger role in land assembly through compulsory purchase but can only do so if adequately resourced
- Surplus government land should be used for housing which maximises community value. Government departments and agencies should be required to dispose of it quickly to allow house building to start.
- Planning is not a barrier to housing delivery with a significant number of planning permissions granted for houses which weren’t built.
- A land value tax is a fair way to capture land value uplift and fund infrastructure
The report made recommendations on the key factors that influence house building: housing targets, local authority building, building on public land, planning and how to better use existing housing stock.
The final report is the culmination of the Economic Affairs inquiry which considered:
- the supply and affordability of housing for private buyers, for the private rental sector and for the social housing market across the UK;
- the effectiveness of Government policies on the demand for and supply of reasonably priced housing across the UK.
The RTPI submitted written evidence on behalf of its members, while Chief Executive Trudi Elliott and Professor Tony Crook provided expert oral evidence directly to the committee. Trudi’s evidence on the green belt and Tony’s evidence on buy-to-let and S106 was incorporated into the final report.
Read: RTPI Response To Call For Evidence: Inquiry into the economics of the UK housing market
Read: Building more homes
Read: Delivering Large Scale Housing