European loan to help build social housing
Those who are pushing to remain in the EU must be pleased with the timing of the recent announcement by the European Union’s investment arm who are lending Britain 1 billion pounds to help build social housing, however a spokesman for the vote leave campaign reportedly said “It seems like some in Luxembourg think they can buy the referendum with a couple of cosmetic loans,”
The European Investment Bank (EIB) statement comes ahead of the referendum in Britain on June 23, the loans would help housing associations build homes across the country.
A lack of affordable homes has been at the top of the political agenda over the past few years, the shortage is helping to push up prices, forcing many people particularly those living in London and the south east to rent for longer, or forced to buy homes further away from city centres.
You May Also Enjoy
Slight rise in house prices as market maintains strength
Industry Reacts to Bank Rate Cut
Rightmove reaction to Bank Rate cut
Zoopla crowns Glenrothes the most popular affordable town for families as one in three fear being priced out of their ideal area
UK government admits almost no evidence nature protections block development
