According to the Federation of Master Builders (FMB), the best way to deliver needed housing more quickly is to enable more small builders to rejoin the market and emphasise the potential of small build sites.
FMB Chief Executive Brian Berry responded to the Prime Minister’s speech on housebuilding in Britain by saying that small build sites are generally completed more quickly and smaller builders, who tend to be more concerned about short-term financing, have a strong incentive to build and sell quickly. If smaller developments receive more opportunities, the result could be a more diverse market, increased capacity, and faster delivery.
Mr. Berry said that the government has evidently recognised this fact and is putting forth national planning policy changes that will make it easier for more small build sites to be used. The FMB is especially appreciative of the move to ensure that smaller sites account for at least 20% of the sites earmarked for housing in local authority plans.