The outspoken housing boss warned that Government was failing to deliver the support and stability the industry needed to stimulate investment in housing.

He warned that proposed changes to planning and proposals to alter taxation on residential properties would see fewer homes being built in Britain.

Speaking at the group’s annal general meeting, Pidgley said: “The Government has a vital role to play in stimulating investment by creating a stable, consistent and transparent platform to allow housing to be developed.

“However the changes in planning and the consultation on the taxation of residential properties have introduced uncertainties for businesses such as Berkeley.

“Consequently, this is expected to lead to lower levels of investment in house building generally.”

Pidgley warned that as a result  Berkeley would be now investing more selectively in land and construction.

“Housing has to become a national priority, not just for Government but for the whole country,” he said.

“This does require the presumption in favour of sustainable development within the National Planning Policy Framework to be enforced.

“Housing can be part of the economic recovery as every home built by Berkeley creates some 3.5 jobs alongside the associated benefits of affordable housing, infrastructure improvements, creating fantastic new homes and vibrant places.”