Monday, 13 April 2015

Labour to Build 125,000 Homes with Help to Buy ISA

Labour has unveiled plans to build 125,000 new homes over the next five years using £5bn raised from a new ISA for first-time buyers announced in last month’s budget. Income from the ISA would be channelled into a Future Homes Investment Fund, which will form a key part of Labour’s plan to raise construction levels to 200,000 a year by 2020. This will be used to pump prime investment in Housing Growth Areas – new sites where local first time buyers will get priority  –  to unlock hundreds of thousands of homes. Read more on the Construction Enquirer website.

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