New annual fund for communities affected by second homeownership

December 30, 2016

A recent announcement on the Gov.UK website from the Department for Communities and Local Government and Gavin Barwell MP headlined ‘£60 million boost for communities affected by second homeownership’.

New annual fund to help almost 150 councils tackle the problem of high levels of second homeownership in their communities.

Housing Minister Gavin Barwell said: “The high number of second homes can be a frustration for many who struggle to find an affordable home in their community.

“This new fund will help tackle that by boosting supply and make sure community groups are at the heart of delivering new homes so that this is a country that works for everyone.

“I saw for myself the great work community land trusts do on a recent visit to Cornwall and we want them to do much, much more”.

Read the announcement in full 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.

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