The UK Housing Review briefing's summary of current
government support for affordable and private market housing investment in
England from 2015/16 onwards shows that out of the £45 billion of government
investment dedicated to housing, just £2 billion is being spent on below-market
rented housing, only four per cent of the total. This is largely because money
previously directed toward housing for rent is now going towards low-cost homeownership
initiatives, such as shared ownership and starter homes, where over £6 billion
is now to be invested. This means that 80 per cent of government commitments -
a further £36 billion – is now going to wider initiatives to support the
private market, especially via help to buy. Read more on the Housingnet
website.
‘Ludicrous’ plan to build skyscraper over Georgian Birmingham building
rejected
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Councillors unanimously refuse permission for 42-storey block of flats on
top of former residence and hospital
Councillors in Birmingham have unanimously...
1 day ago
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