Gove To Overhaul ‘Out Of Date’ Housing Need Formula

 Michael Gove has told MPs he is looking again at the way housing needs targets are calculated. The housing secretary said: “In making a calculation of housing need overall one of the things I wanted to do is to look at how the numbers are generated in the first place.” The way that housing need is calculated, which forms the basis of housing targets in local plans, has become a thorny issue for the government. The standard method delivers a figure for housing need upon which most local authorities base their local housing targets. It uses projected household growth figures, adjusted for areas with high house prices, with the increases in new homes for any local planning authority capped. Read more on the Housing Today website.

https://www.housingtoday.co.uk/news/gove-to-overhaul-out-of-date-housing-need-formula/5114613.article