Latest News Tue, Mar 22, 2016 5:21 PM
Government action to help kick-start the housing market is working, Eric Pickles has claimed
Ministers also pointed to the delivery of almost a third of a million additional homes in the last 2 years, and 150,000 more affordable homes have been built under this government.
Mr Pickles asserted that housing supply and confidence is now increasing, and has turned a corner since the unsustainable housing bubble burst under the last administration.
Latest figures show that:
Eric Pickles, Secretary of State for Communities and Local Government, said: "This government’s package of measures to boost the housing market is working, with house building and housing supply on the up. The tough decisions we’ve taken to tackle the deficit are now delivering a sustainable increase in housing and providing real help to hard-working people.
"With over 10,000 reservations in 4 months, it’s clear that the Help to Buy: Equity Loan scheme is working well. By dealing with the big challenges, we are helping thousands of young people and families get on and move up the housing ladder, and Britain is building again."
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