Wednesday, 11 January 2017

Councils Could Lose Out On Billions Unless They Allow Building On New Land

Councils which fail to free up extra land for new homes could miss out on a £4.8 billion Government fund. The Tories are likely to use the New Homes Bonus fund as “a stick to beat” councils with if they do not allocate more land for houses, a local government insider told HuffPost UK. The fund is paid out to councils as a reward for building affordable houses and filling empty homes.  But the Conservatives may now threaten to withdraw the extra money, in a “tough new drive to get more houses built”, a government source said. Read more on the Huffington Post website.

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