Question to the Ministry of Housing, Communities and Local Government:
To ask Her Majesty's Government what plans they have (1) to put a target on their aim to diversify the housebuilding industry, and (2) to collect statistics to monitor delivery against that target.
The Government is committed to diversifying the housebuilding industry. This means enabling a greater variety of firms to contribute to housing supply, providing for a wider range of housing needs and improving productivity, quality and choice. We are providing financial support to help drive greater diversification. The £3 billion Short Term Home Building Fund is available to SME housebuilders, MMC manufacturers and other innovative forms of housing delivery. We have also announced a National Home Building Fund (NHBF), investing £7.1 billion over 4 years, including £2.2 billion of investment to SME firms and innovative housebuilders.