News & Events MACS Boss Comments on PM Meeting
The Prime Minister Teresa May met representatives of large and small housing developers, housing associations and local government recently to discuss achieving a step-change in the delivery of new homes.
At the meeting, the Prime Minister emphasised the government’s ambition to tackle one of the biggest challenges facing the UK today – fixing the broken housing market.
It is a topic that significantly impacts the Drylining and Plastering sector of the construction industry. “The state of UK housing market is of great concern to companies in our sector, including MACS Plasterboards and also to our clients”, says MACS Chief Executive Tom McLoughlin.
“There are major two issues currently causing me concern. One is the uncertainty surrounding the outcome of the Brexit negotiations and the other is the fact that home ownership is increasingly not possible for many in our society.”
“The uncertain aspects of the Brexit negotiations are leading to a lack of confidence with our industry,” explained McLoughlin, “and that uncertainty in turn has a negative impact on the investment required to drive forward construction.”
McLoughlin points out that escalating UK house prices combined with insufficient stock means that many people are forced to stay in rented accommodation (often times much more expensive than home ownership) as they wait to get onto the housing ladder.
“The government has taken some positive steps including the £10 billion Help to Buy scheme and an additional £2 billion for affordable housing,” says McLoughlin, but more support is required.”
“There are no easy solutions to these problems,” says McLoughlin, but I’m pleased that the Prime Minister met to openly discussing the issues in open forums and where we can let the PM know our concerns.”
Other issues discussed at the meeting included making the most of modern methods of construction, having the skilled workers we need, helping small and medium sized enterprises grow and making sure planning permissions granted by councils were delivered into new homes.