Government £500M Boost for Affordable Homes  

The Government this week announced a boost to housebuilding in England, by confirming nearly £500 million funding to build around 8,000 affordable homes across the country.   This takes total Government funding for housebuilding to over £3.3 billion since June. Every region of the country is benefiting from this extra cash to build much-needed affordable homes for sale and rent. Over 3,000 of these new homes are expected to be available through the government’s HomeBuy schemes, offering first time buyers a helping hand onto the property ladder. And nearly 5,000 homes will be available for affordable rent through housing associations.   As well as going to housing associations, this cash has been used to help developers to kickstart their stalled projects and get housebuilding back on track, and to fund the largest council house-building programme for two decades. The Government...