Shapps announces progress in putting housing "centre stage"

Latest News Tue, Mar 22, 2016 4:59 PM

Housing minister Grant Shapps has today (February 1) highlighted the vital role housebuilding will play in the economic recovery, and outlined the progress made so far with the government’s housing strategy.

The minister announced that he had identified enough government land to build 80,000 homes. He will now work with organisations including the BBC and Royal Mail to identify more unused sites.

He confirmed that the government’s mortgage indemnity scheme - called the NewBuy Guarantee scheme - would be launched next month and be available to UK citizens buying new build houses and flats with a value of up to £500,000.

Shapps announced progress on the Get Britain Building Fund. £45 million will be allocated to unlock 18 stalled sites, with the aim of delivering 1,301 homes.

The minister also announced the allocation of the £500 million Growing Places Fund to 39 local enterprise partnerships, which will help create thousands of jobs in construction and related industries.

Shapps said: “With the prime minister putting housing centre stage on the road to economic recovery, I am determined that we shall not repeat mistakes of the past.”

Persimmon’s ceo Mike Farley commented on NewBuy Guarantee: “This scheme will provide a much needed shot in arm for the whole of the housing sector enabling people to buy a newly built home with a deposit of as little as 5%.”

For all the latest housebuilding news and events visit www.house-builder.co.uk

Featured News

Specification news
UKGBC announces new innovation initiative with...

A new initiative between UKGBC, developer FORE Partnership and Bill Gates’...

Read More >>

Specification news
“A2 BOARDS” ADD TO AIM’S HIGH IMPACT SOFFIT LINER...

High Impact Soffit Liner Boards with Euroclass Reaction to Fire A2-s1,d0...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

HPS200 Ultra Case Study Brochure Brochure

HPS200 Ultra Case St...
By Tata Steel

Download Now >>

Confidex Datasheet Brochure

Confidex Datasheet
By Tata Steel

Download Now >>

Prisma UK 2024 Brochure

Prisma UK 2024
By Tata Steel

Download Now >>

HPS200 Ultra UK Brochure

HPS200 Ultra UK
By Tata Steel

Download Now >>

Amtico Bio Support Document  Brochure

Amtico Bio Support D...
By Amtico

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

​The Confidex® Guarantee
​The Confidex® Guarantee

Offers the most comprehensive guarantee for pre-finished steel products in Europe and provides peace...

Read More >>

Colorcoat HPS200 Ultra®
Colorcoat HPS200 Ultra®

Colorcoat HPS200 Ultra®Super durable guaranteed performance.Designed to withstand even the most...

Read More >>

Prisma
Prisma

Colorcoat Prisma®Aesthetics that last, guaranteed.Colorcoat Prisma® demonstrates a step change by...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Mira Vista Heatloop
Mira Vista Heatloop

Mira Showers is delighted to introduce the new Mira Vista HeatloopTM – an innovative and stylish...

Watch Now >>

Why our Canopies Last Longer
Why our Canopies Last Longer

https://www.aandslandscape.co.uk/ Find out why A&S Landscape Canopies last longer than alternatives....

Watch Now >>

Enclosed Dining Canopy - Hampton Gardens School
Enclosed Dining Canopy - Hampton Gardens School

A&S Landscape designed and installed a large enclosed, curved roof canopy for Hampton Gardens School...

Watch Now >>