Recent announcements by the Homes & Communities Agency (HCA) have provided plenty of cause for optimism; 80 public land sites, coming in at over 600 acres, will be put up for sale to accelerate house building.
However, with the EU Threshold in place, a number of SMEs are struggling to compete in the tendering process due to restrictive financial controls. The House Builders Association (HBA) are working with the HCA to break this down by providing a catalogue of smaller sites with a simpler tendering process for smaller housebuilders, as well as facilitating access to finance.
Speaking on the behalf of the House Builders Association (HBA), Policy Advisor Rico Wojtulewicz said:
Access to finance has improved but many developers have difficulty drawing it down due to a lack of planning permission. The Government has recognised this fact and as well as communicating with the HBA t