The CBRE Barriers to Building Series, November 2007
The Government aims to build 3 million new homes in the UK by 2020. This target of 240,000 new homes per year is around 30,000 higher than current construction rates.
We have identified a number of key barriers to delivery. These include:
• Lengthy, complex, and potentially onerous Section 106 agreements
•Increasing land costs
•Increasing build costs
•Costs of ‘Going Green’
Our "Barriers to Building" series will examine these in detial; the first in the series looks at the Section 106 agreements.