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Our CEO’s reaction to the Autumn Budget 2017

hatch modular homesOur CEO, Gerard Walsh, has issued his response to the Chancellor’s 2017 Autumn Budget and identifies how hatch. Accelerator can help solve the housing crisis.

On learning about the new housing reforms, Gerard commented;
“The new housing proposals outlined by the Chancellor are a positive step towards tackling the serious housing crisis in the UK. The commitment to 300,000 net additional homes a year on average by the mid-2020s will help boost this sector. However in order to successfully tackle the housing crisis, homes must be affordable and the build process streamlined. The government’s confirmation of a further £2bn of funding for affordable housing is a welcome addition. hatch. Accelerator are committed to working with Local Authorities and Housing Associations to make this end goal achievable.

As part of our corporate strategy, hatch. Accelerator will partner with Local Authorities and Housing Associations to fund or jointly fund local manufacturing facilities to produce affordable homes, using a standardised modular product. Unlike our competitors, our light gauge steel frame modules are self-supporting up to 8-storeys, thus being both cost-effective, time efficient and highly sustainable.”

Chris Spiceley, COO for hatch. Accelerator, has recently published his response to the housing crisis in an article with Inside Housing. He comments that delivering a “standardised product and a profit sharing JV in a manufacturing facility are the next evolution”.

hatch. Accelerator also very much support the London Assembly members’ plea to pump “significant” funds into off-site manufacturing to help further tackle the housing crisis.

This Autumn Statement has provided much needed reform on housing in the UK and we are delighted with the pledge to build more homes and invest in affordable housing. As the changes are implemented, hatch. Accelerator looks forward to working with government bodies and private enterprises to create these homes.

To coin a well worn phrase, we will help “communities build the homes that communities need.”