Governments Housing aims

Speaking yesterday at the Home Builders Federation Policy Forum 2016, Housing Minister Brandon Lewis outlined the Governments housing aims including it’s intention to deliver 1 million homes by 2020.

In his introduction he mentioned the plans in the previous weeks budget announcement: for an economy set to grow faster than any other major advanced country in the world, for a labour market delivering the highest employment in our history, and for businesses that are creating jobs, and building the infrastructure this country needs.

In his speech he covered: Progress on Housing, Challenge for the future, Spending Review last November, Budget measures from last week, Public land, Planning, role of the House Building Industry and the Conclusion in which he stated:

There is still a profound need to build more homes in this country, across all tenures, and support the aspirations of people who want to buy a home.

This will be a defining challenge of our generation, and it’s a prize worth fighting for.

The economic and social legacy will last far beyond any of our lifetimes.

Young people have the same hopes and dreams of past generations, and the same ambitions for the future.

Let’s ensure their hard work can be rewarded with a home of their own.

To read the full speech on the Gov.UK website click here

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker 04/10/24

The average 5-year fixed mortgage rate is now 4.57%, down from 5.43% a year ago The average 2-year fixed mortgage rate is now 4.90%, down from 5.92% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.59%, down from 5.51% a year ago The average 60% LTV 5-year fixed mortgage rate is now 3.89%, down from 5.01% a year ago The average monthly mortgage payment on a…
Read More
Breaking News

Zoopla finds 40% of full-time workers priced out of homeownership across Great Britain

New research from Zoopla finds over half (58%) of working households in southern England cannot afford to purchase an average priced two or three-bed home Almost three quarters (74%) of full time workers are unable to buy in London Homeownership is accessible to most workers across the rest of Britain, although there are hotspots emerging…
Read More
Breaking News

Landlords urged to protect their tenants and properties as nearly half of renters struggle with mould

Rising concern over mould and damp in rental properties is a real issue which wetter UK weather is only making worse – as the last 18 months are declared the wettest on record.   A survey conducted by experts at Quotezone.co.uk has revealed 43% of renters have reported issues with mould or damp.   65% say they have…
Read More
Breaking News

Breaking Property News 03/10/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   RentalReady property management software company unveils Maia a fully autonomous AI agent RentalReady has added Maia to its existing service and is a leap forward in the company’s aim to revolutionise the hospitality industry. ‘After only one-week after going-live, Maia was already treating the majority of our enquiries,’…
Read More
Love or Hate Rightmove
Breaking News

Britain’s fastest and slowest markets revealed from Carluke to Chelsea

Rightmove’s Speed of Market Tracker reveals that Carluke in Lanarkshire is Britain’s quickest-selling market, with the average home finding a buyer in just 15 days Giffnock is second (16 days) and Uddingston is third (17 days), both commuter towns to central Glasgow It currently takes 33 days on average to find a buyer in Scotland,…
Read More
Breaking News

Lowest mortgage rates for 15 months drives double digit boost to buyer demand and home sales reports Zoopla

New sales agreed are 25% higher than a year ago as buyers return to the market Sales up the most in the East Midlands (32%) and North East (30%) Rebound in activity supports slow recovery in house price growth –  UK house prices increase by 0.7% up from -0.3% a  year ago More and more…
Read More