In a joint response to the CML’s announcement today regarding a Disclosure of Incentives form to be completed by home builders, the Home Builders Federation (HBF) and Homes for Scotland (HFS), who were consulted by CML throughout the process, said: “The steps announced by the CML build upon the amendments introduced earlier this year by HBF and HfS to strengthen their Codes of Conduct, and underline the industry’s commitment to transparency. These initiatives will ensure that housing developers maintain the confidence of mortgage lenders, and help facilitate the process of buying a new home.” Related Links: CML Press Release RICS Press Release - Ends - Notes to Editors: 1. The Home Builders Federation (HBF) is the principal representative body for private sector home builders and voice of the home building industry in England and Wales. The HBF’s 300 member firms account for some 80% of all new homes built in England and Wales in any one year, and include companies of all sizes, ranging from multi-national, household names through regionally based businesses to small local companies: www.hbf.co.uk 2. Homes for Scotland (www.homesforscotland.com) represents the Scottish home building industry which: - is the largest source of private investment in Scotland - contributes £6bn to the economy annually - builds 20,000 new homes per annum - employs 100,000 people - is the largest user of the planning system in Scotland For media enquiries, or to arrange an interview, please contact Steve Turner 020 7960 1606 07919 307 760 steve.turner@hbf.co.uk
