The Government’s ambitious target of 1.5 million homes over the next five years is essential in the UK’s constrained housing market, with a stark undersupply of social, affordable, market-for-sale and privately rented homes.

Achieving this goal in the current fiscally constrained environment will necessitate exploring alternative sources of funding beyond traditional Government and private funding mechanisms.

In this paper we detail the opportunities available using institutional capital and our four key policy pillars to deliver the change required.