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New family homes gain rarity value

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by Gill Montia

Smartnewhomes.com is warning of a shortage of family accommodation across the UK property market and initiating a campaign to bring back the family home.

The property portal blames the recession for a continuing decline in new family homes, claiming that last month only 476 such properties were marketed by developers, down from 595 in February 2009.

According to the figures, annual declines by property type are as follows: detached – 19%; semi-detached -11% and townhouses – 25%.

The firm is therefore calling for government intervention in the house building industry and wants to see more land released to enable the construction of family homes.

SmartNewHomes.com managing director, David Bexon, comments: “Planners need to be made aware of the long-term stock shortages and work with local authorities to free up public land and prioritise planning applications for family homes.”

He adds: “The value of these developments and the extent of the housing crisis need to be communicated to local residents so that viable schemes providing much needed family homes can be accepted and understood.”

Redrow chairman, Steve Morgan, has also recently called on planning authorities to actively encourage the building of traditional family homes, rather than residences that are “more at home in Stalingrad”.

In launching the group’s New Heritage range, the chairman dismissed the need for any more three-storey houses or flats and apartments and promised not to lose any sleep over what is said by “trendy people” about Redrow’s new direction.

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News posted: April 6, 2010

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