Your Housing Group, that currently manages 33,000 affordable UK homes, is to partner with China National Building Material Company (PTH) to build more new homes, alongside the Welink Group, a renewable energy company to help solve the housing market needs.
The house building industry is fully aware of the deficit of homes across the UK and Government want to see Housing Associations making the necessary changes needed to increase provision. The housing shortage within the UK is only going to be addressed by radical innovation and new ways of tackling the crisis.
The joint venture has the support of the Government. CNBM will build six factories in the UK, creating 1,000 new jobs. This new initiative will help towards the UK Government target to build a million new homes by 2020 by building 200,000 each year. Last year only 142,890 homes were built.
Currently only 15,000 modular homes are constructed off-site and transported to site. Off-site construction is a quicker and cheaper building process and his new CNBM joint venture alone could result in new factories producing 25,000 homes each year.
The offsite construction sector is expanding rapidly with many large companies developing modular build capabilities.What's more, they will address the housing shortfall and kick-start the delivery of the new homes people need across the UK and address fuel poverty issues through by incorporated solar and energy efficient design.
If you want to know more, click here:https://www.pthhouse.com/