The blunt warning from Linden Homes, the housebuilding division of Galliford Try, is just one of a barrage of policy criticisms submitted last month to a government consultation on new Building Regulations.
The regulations would require higher efficiency standards on new homes from next year and are a step toward the government’s plan to make new homes ‘zero carbon’ from 2016.
Linden Homes, the UK’s fifth-largest residential developer, said the 2016 proposals risk “strangling the building industry with massively increased costs” of up to £30,000 more on each new home.
“The extra costs would make many developments unviable and choke off house-building at a time when the UK’s stalling economy needs it most to provide jobs and tackle the housing crisis,” it said.
They do have a point. If you want to get more of something produced it’s probably a bad idea to insist that production of those things must cost more.
And that increase in cost is a great deal more than it at first seems. As we know, the majority of the cost of a house in the SE of England is the value of the permit to build one. The actual construction cost is in the £100k region, so we’re talking about a 20% or more increase in construction cost.
This just ain’t the way to solve a housing shortage.