UK Finance response to the Prime Minister’s speech at the NHF Summit

Written by Allen Walkey on - Breaking News -

UK Finance response to the Prime Minister’s speech  at the National Housing Federation Summit, where she announced £2bn of additional funding for housing associations.

Jackie Bennett, Director of Mortgages at UK Finance, said:

“Today’s announcement provides much needed certainty regarding the government’s commitment to the social housing sector, enabling housing associations and their private funders to plan and build for the future.

“Affordable housing across the UK is an economic and social priority and lenders are committed to playing their part.

“The industry provided £8.6 billion of private finance for social housing in 2017, helping to fund affordable homes across the country.

“UK Finance and its members now stand ready to work with the government and housing associations to support long-term investment in affordable homes.”

Source of information UK Finance.

Author: 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.

100% No obligation mockup design offer exclusive to Estate Agent Networking readers,
this is a time limited offer on a first come first served basis.

Share
 

Recent Popular Articles


Happy New Year for 2017


As this is the last "Breaking News" post for 2016 we would like to take this opportunity to wish all our readers a very happy


ZPG announces that Hometrack has been appointed by Foundation Home Loans


A recent press release from ZPG announces that  Hometrack has been appointed by Foundation Home Loans to provide Automated Valuation Model (AVM) services for its


Interest rate cut expected


According to most recent press reports the majority of experts expect an interest rate cut today  following the meeting by the Bank of England (BoE)


February results continue to show a drop in supply of rental properties according to ARLA Propertymark.


Latest ARLA Propertymark Private Rented Sector Report - February 2018 reveals: The number of rental properties letting agents managed fell by 5 per cent in


Leading North East agent signs long-term agreement to list at OnTheMarket.com


OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has announced that leading full-service North East agent Pattinson has signed up to advertise