Richard Pike, Phoebus Software sales and marketing director, said: “Bearing in mind that it is only four months since the investment of £44bn to raise housing supply was announced, it appears the government is indeed holding to its promise of making housing a priority. The Housing Growth Partnership budget has increased, which means more support for small housebuilders. This is a vital element in getting the housing we need built, in the areas where people want to live. However, the question is how that money finds its way to the developers and how they can combine it effectively with other funding to get each project underway and finished.
“The most frustrating thing for many, following today’s speech, is that we will have to wait until the budget in November to find out how the government intends to tackle the gap from planning permission to build completion. This issue is one that really needs to be undertaken sooner rather than later so that land banking becomes a thing of the past.”