New housing agency to “play a major role in fixing the housing market”
A new national housing agency has just been launched by the government.
The successor to the Homes and Communities Agency, Homes England will prioritise resourcing brownfield sites across the UK as well as providing smaller house builders with greater support.
Setting out to develop a fresh commercial approach to acquisition, preparation, management and development of land in high demand areas, Housing Secretary Sajid Javid has stated that the agency will “play a major role in fixing the housing market”.
To date, it has already supported two large developments in both South Yorkshire and Cambridge.
Commenting on the need to meet demand and improve access to the housing ladder, Sajid Javid elaborated on the wider aims of the agency, stating: “This government is determined to build the homes our country needs and help more people get on the housing ladder. Homes England will be at the heart of leading this effort.
“The development at Alconbury is a prime example of how the agency has worked to deliver thousands of new homes, as well as improve roads and create space for local businesses.
“The new agency will be key in replicating this approach right across the country and will help us build a Britain fit for the future.”