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NHBC's response to the publication of the NPPF

In response to the publication of the NPPF, Richard Tamayo, Commercial Director at NHBC said:

"We welcome the publication of the National Planning Policy Framework. Our own registration figures reflect the drastic need for more new homes; under 115,000 new homes were registered with NHBC last year - a fall of more than 40% since the height of the market in 2007 (200,700).  At current levels, the industry is building less than half the number of new homes needed to meet the challenge of household growth in the UK.
 
"The new planning framework and recently-announced first time buyers' mortgage initiative are both important steps in empowering the private sector - the current engine of growth for housing numbers - to produce the volume of homes the country urgently needs. However, other challenges still remain, around for example zero carbon homes. NHBC is committed to supporting  government and the industry to ensure that the next generation of homes is built to high standards and meet the demands of today's new home buyers."

News Date: 27/03/12