■ Almost half of the additional financial capacity to become a new class of home builder rests with large scale voluntary transfer (LSVT) associations, particularly larger ones.
■ The structure of HAs also allows for continuing housing delivery through housing market cycles. Their existing stock provides an ideal asset to borrow against during periods of tighter development funding.
■ Opportunities for growth exist in most areas, particularly where there is activity linked to inward investment, infrastructure spending and the Devolution agenda. We have also highlighted areas where limited developer diversity provides opportunities for HAs to compete.
■ There are significant barriers including: skills shortage, lender attitudes and regulatory concerns. Greater collaboration within the sector is key. This is likely to include more mergers and innovative partnerships.
