John Whalley, MD of Nationwide Windows & Doors, the UK’s leading fenestration partner for the public and private refurbishment and new build sectors, discusses how if done properly, offsite construction could well be the solution to the solve the housing crisis.
Four million residents live in social housing across the UK and around 79,000 families are stuck in temporary accommodation. It’s no surprise that the impact of dwindling social housing stocks from decades of counter policies is taking its toll.
The government has made steps to combat these issues, with targets for new homes and a focus on affordable housing, but many of these aims seem unachievable in the current market. Aside from the lack of decent, affordable homes, the supply chain tasked with delivering these targets is faced with other challenges. Interest rate increases are affecting borrowing.