Budget Will Give Housing a Boost, Hints Prisk

Chancellor George Osborne will outline measures to boost housing demand and the release of public sector land in next week’s Budget, according to housing minister Mark Prisk.  Prisk said that Osborne would stress the need to bring forward the release of public sector land for housing development and outline “demand-side” measures to boost the sector.  Prisk said: “We’ve already released enough land for 33,000 homes. The chancellor understands how we need to bring forward this public land release, and will have more to say on this next week. There will also be more on demand [-side measures].”

Prisk also indicated that the Budget would include more detail on the role the HCA will play in helping government release enough land for 100,000 homes by 2015.  Read more on the Housingnews website.