The government is in danger of letting slip its target of 300,000 homes being built annually by the middle of the next decade due to an “over-reliance” on traditional construction techniques, a group of influential MPs has warned.

A report written by the Housing, Communities and Local Government Committee, headed by Labour MP Clive Betts, has warned ministers they will have to act quickly if they are to increase capacity and improve investor confidence and not to miss out on the potential that modern methods of construction (MMC) offer.

Following months of hearings into MMC the committee has urged the government to unlock the technology’s potential in order to build homes more quickly, more cheaply, while maintaining build quality.