Wednesday, 1 June 2011

Grant Shapps: No Complacency in the Drive to Build More Homes

Housing Minister Grant Shapps has welcomed new figures that show the country is starting to build more homes again, following the devastating collapse in construction during the economic downturn. Increasing the rate of housebuilding is a top priority for the Government. Incentives have been introduced through the New Homes Bonus. The latest figures published today show that there were just over 29,000 housebuilding starts in the first quarter of 2011, an increase of 26 per cent compared with the previous quarter, and the highest quarterly figure for almost three years. Annual housing starts have also increased, with a rise of 22 per cent compared with the 12 months to March 2010. Read more on the CLG website.

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