04 August 2021

Midas backs Nationwide Building Society’s new call for a transformation in housing

One of the South West’s leading builders of new home projects is throwing its weight behind a new initiative by the Nationwide Building Society calling for a transformation in the UK’s housing sector in the wake of the coronavirus pandemic.

Midas Group, one of the UK’s largest privately-owned construction and property services companies, has built almost 6,000 new homes in the last five years across a range of tenures and for clients ranging from local authorities, housing associations and private developers.

It is currently on site and working on almost 2,000 new homes across the south and south west of England.

The scope of Midas’s work and breadth of experience, both in new sustainable homes and retrofit projects, means Midas is well placed to support Nationwide in its call for industries and sectors to come together to tackle the ongoing housing crisis and, as the country begins to recover from the pandemic, to use the opportunity to shape the housing market for the better.

Midas is already working with Nationwide on the £50m Oakfield scheme, in Swindon, one of the biggest off-gas housing developments and intended to become a blueprint of a modern, sustainably-built community, with 239 homes built to leading environmental standards and future-proofed with a host of green innovations to help people live sustainably.

New research commissioned by Nationwide has shown many of the issues and inequalities which the UK has been wrestling with for years - the availability and affordability of homes people want to live in – remain and indeed may have been magnified by the pandemic. On top of this, there is the enormous challenge of sustainability and reducing carbon emissions from both new and existing homes.

As a result, Nationwide has formed four action groups to drive change and tackle the key issues of housing delivery, affordability, accessibility and sustainability; to which Midas is pleased to give its full support.

Alan Hope, Midas Group Chief Executive, said: “We are delighted to be part of this cross-industry campaign to drive transformation in the housing sector and bring about lasting change in the way we plan for, design, build and use our homes.

“Coupled with the need for residential properties to be decarbonised in order for the UK to achieve its net zero carbon goals, Building Back Better in this sector provides the opportunity to rethink every aspect of the build process, from designing out embedded carbon to whole-life building costs, value-based procurement and collaborative working.

“Developing and adopting new technologies, materials and processes; creating practical, workable solutions that will lead to the delivery of more high-quality homes; and encouraging more green homes, now more than ever needs to be a collective effort.”

Read Nationwide’s Future of Home report here: https://www.nationwidemediacentre.co.uk/future-of-society/future-of-home

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