Aston Mead welcomes New Year housing initiatives

Leading land agent Aston Mead has welcomed two government initiatives launched this week, which will create tens of thousands of new homes across the country.

The company was responding to plans for 14 new villages and 3 ‘garden’ towns in England announced on Monday, as well as details for thousands of new discounted starter homes on 30 local authority brownfield sites, the details for which were released on Tuesday.

Aston Mead Land & Planning Director Adam Hesse said: “This is precisely the sort of initiative we have been demanding from the Government for some years now. We desperately need radical and large-scale proposals like this to deal with the shortage of available property in the country. And as these are the first two Government announcements of 2017, it’s clear that Theresa May and her team are rightly making housing a key priority in the year ahead.”

The plans will deliver 14 new villages of between 1,500 to 10,000 homes to be built outside existing settlements, as well as three towns of more than 10,000 houses each, alongside Aylesbury, Taunton and Harlow and Gilston.

In addition, thousands of new starter homes will be built this year, and made available exclusively to first-time buyers aged between 23 and 40 at a discount of at least 20% to market value, with a cap of £450,000 in London, and £250,000 outside.

Adam Hesse added: “The creation of 200,000 new properties in these garden towns and villages from Cheshire down to Devon will not only provide a high quantity of homes, but also bring the jobs and facilities the local communities so desperately need.

“Meanwhile, when it comes to starter homes, dynamic and pro-active local authorities are clearly at an advantage. The first 30 have been chosen on the basis of their potential to build the homes quickly, with the partnerships being established under the Government’s £1.2bn Starter Home Land Fund.

“So these announcements undoubtedly make for an excellent start to the New Year; but the government shouldn’t just sit on its laurels. It’s important to keep the momentum going and deliver this many homes every year from now on. We desperately need more initiatives like this – building on both brownfield sites as well as the less attractive areas of green belt – in order to help alleviate the UK housing crisis.”

Breaking news shared by Property Publicity – Eric Dixon eric@propertypublicity.co.uk

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Breaking News

Breaking Property News – 28/02/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Birchgrove and Hybr launch intergenerational living scheme A unique partnership will see students, key workers and retirees live together at new north London retirement development. Birchgrove, the UK’s leading provider of rented retirement homes, and Hybr, the UK’s leading student letting platform, today announce an industry-first…
Read More
Estate Agent Talk

Benefits Of Choosing Roger Bates Properties

Roger Bates Properties stands out as a prominent real estate agency that offers a myriad of benefits to individuals seeking to buy, sell, or invest in real estate. With a stellar reputation and a commitment to excellence, choosing Roger Bates Properties can prove to be a decision that yields numerous advantages. 1. Experience and Expertise…
Read More
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 28/02/24

The average 5-year fixed mortgage rate is now 4.80%, up from 4.59% a year ago The average 2-year fixed mortgage rate is now 5.15%, up from 4.92% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.73%, up from 4.64% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.30%, up from 4.25% a year ago The average monthly mortgage payment on a…
Read More
Love or Hate Rightmove
Breaking News

Rightmove calls for stamp duty reform with only 4% of London homes exempt

Ahead of the Spring Budget on March 6th, the UK’s biggest property website Rightmove suggests three policy reforms that could help people moving home: A reform of stamp duty to consider regional property price variations: Only 4% of homes in London are stamp duty exempt for all buyers, compared to 71% in the North East Less than…
Read More
Breaking News

Breaking Property News – 27/02/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Alto reveals ‘next generation’ of Lettings Progression Alto, software for estate agents and part of Houseful, has revealed further information about the improvements being rolled out in 2024 to drive a step change in business efficiency for letting agents. Leading the way is a…
Read More
Home and Living

The Versatility of Parquet Flooring in Contemporary Homes

What comes into your mind when you hear about parquet flooring? Most probably Victorian era, historic estates, grand ballrooms, and grand mansions but what if I tell you that the parquet flooring has redefined itself with warmth, texture, and classic elegance? Parquet flooring in contemporary homes is a delight to the eyes because when you…
Read More