Monday, 13 January 2014

Builders Warn Housing Spurt May Be Scuppered By End of Help to Buy

A leading construction industry body has voiced concerns over a recovery in housebuilding being all but extinguished when the Chancellor’s Help to Buy scheme to support the market ends in 2016. The Construction Products Association also called for clarity from the Government of the future of the initiative as its latest forecasts predicted a sharp slowdown in new housing to just 2 per cent in 2016 – when Help to Buy is due to finish – following double-digit growth this year and next. Read more on the Independent website.

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