RESI Convention Debate: Diversity & Delivery
I recently attended the RESI Convention organised by Property Week, a refreshed event that considered the changing nature of the residential sectors.
The event was hosted by BBC Home Editor Mark Easton and included key note pieces from; MP and Minister for State for Housing, Kit Malthouse, and former Labour Party spin doctor, Alister Campbell.
The main topics for the ‘Question Time’ style panel debates included:
- The availability of development land
- The complexity of the Planning Process and the disparity in approach taken by Local Authorities
- The Access to Grant for Social Housing ‘You can’t Subsidise housing without Subsidy’
- Housing Associations view of standardisation and modern methods of construction to meet increasing housing demand
- The increasing popularity in Build-to-Rent
- The funding Landscape Borrowers vs Lenders
Whilst these topics created many points for discussion, the age-old issues associated with the residential sector are still apparent; affordability is still stretched, and delivery is still falling far short of need.
That said, I came away with the view that most sector stakeholders are firmly focused on increasing housing delivery for new builds, implementing processes to speed up plan making and creating a step change in standardised construction, which would help to alleviate both the demand for new homes and the ever widening ‘skills gap’ in the construction industry.
Whilst it is not within our gift to resolve all the issues associated with the residential sector, our specialisms and processes, such as Foursite, are well placed to mitigate many of the challenges facing clients in this sector.
From a Business Development perspective, I developed conversations with several key stakeholders from companies including; Urban Splash, St Modwen, Apache Capital Partners, Homes England, Argent and Crosslane Co-Living Ltd.