The HFi's former Chairman, Sir Mark Boleat, today appeared in front of the House of Commons' Public Accounts Committee to discuss the National Audit Office's recent Help to Buy report.
Sir Mark gave evidence alongside David O'Leary, Policy Director for Home Builders Federation and Professor Christine Whitehead, Emeritus Professor of Housing Economics at the London School of Economics.
The witnesses each gave their view on the Help to Buy scheme, with a focus on whether the scheme had achieved its objectives, was value for money and its impact on supply and demand.
As we wrote recently, some of our top take-away points from the report are:
While the session mainly revolved around the Help to Buy scheme, Sir Mark used the opportunity to inform the cross-party committee of his views on the planning system.
As he wrote in his report for the Housing & Finance Institute – available here – his view is that the planning system requires radical reform. He stressed that the current system does not work and we need to ensure that planning decisions in local authorities are joined-up with wider policy objectives.
Sir Mark also spoke about the work of the HFi including the Institute's research on utilities and the Green Belt, arguing that while the Government has made progress on some of these matters, more work needs to be done.
Click here to see a clip from the session.