23
Dec
Government launches £420m plan to get Britain building
The housing minister Grant Shapps has announced details of a plan
to get Britain building, as part of a £420 million
project.
Over the next two years, it is expected that this will help stalled
projects start again, creating up to 16,000 new homes, great news
for those looking for
property for sale in Brighton.
Contractors will be able to apply to receive part of the money as
either a loan or an investment, where both government and
developers invest.
Mr Shapps said: "The £420 million Getting Britain Building
Fund will change this, unlocking these developments to get workers
back on site and construction back on track to build up to 16,000
homes that would otherwise never get finished."
Earlier this week, the government also announced changes to
the right-to-buy scheme to get more people onto the property
ladder, with the discount available as much as trebling for many
people.