Mortgage brokers speak out on challenge of meeting 1.5m new homes target

Mortgage brokers speak out on challenge of meeting 1.5m new homes target


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Construction workers shaking hands on site with safety gear and helmets.
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LSL, a B2B platform for UK residential property market services, has hosted its seventh annual New Homes Forum – a bid to facilitate cross-industry collaboration to boost home ownership. 

The forum brought together leading players across the UK housing market, including mortgage brokers, high street lenders, specialist lenders, regional building societies, house builders, surveyors and housing associations. There were also representatives from the Home Builders Federation and the Ministry of Housing, Communities and Local Government.

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The event welcomed approximately 160 delegates on the day and was sponsored by partners including high street lenders.

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Director of Strategic Partnerships at LSL, Craig Hall, led a series of panel discussions on ways in which the industry can work effectively to support enhanced delivery of new homes and improve the homebuying experience for customers, as well as keeping ahead of new trends in affordable housing, energy efficient homes and the green agenda.

Rob Owens, Head of Research at LSL’s surveying business e.surv, led discussions on valuation data, trends and insights in the new homes sector.

The UK Government has a well-publicised policy objective of strengthening the UK residential property market, through reform of the planning system and its ambition of building 1.5m new homes over the term of this current Parliament.

But with no replacement for Help to Buy, it is important for the lending and mortgage industry to develop new and innovative products and services to support demand, which in turn will give confidence to developers to boost new home building activity. 

Craig Hall, Director of Strategic Partnerships, says: “Our annual forum is an important event in the new homes and lending industry calendar, bringing together all the key players to discuss how we as an industry can support the development of much-needed new housing stock in the UK.

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“Creating and developing new products and services is a key factor in enhancing demand. The combination of the market leading positions across our businesses means that we are perfectly positioned to help support this critical plank of the UK economy.”

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