Shapps' Self-Build Cash to Part Fund Land and Development Costs

Grant Shapps has announced a new £30 million fund for self build groups that will enable them to bid for cash to part-fund land and development costs.  He's also announced that architect Kevin McCloud has been appointed by the National Self Build Association as an industry champion.  Mr Shapps said he will shortly be launching the fund to provide short-term finance for projects.  Self-build groups will soon be able to bid for a slice of the cash to part fund land acquisition and early development costs with money being repaid on completion of the project.  Mr Shapps is also writing to lenders highlighting the strong business case for lending to self-builders.  Read more on the CLG website.