Sunday, April 1, 2012

New legislation offers Right-to-Build

Shapps launches radical grant plans

Housing minister Grant Shapps wants to bypass housing associations in the next funding round by giving housing grants directly to tenants to build their own homes. Hailed as the “final piece of the housing policy jigsaw”, Shapps says the move – outlined in a one-day consultation to be published today – could provide some 1 million new homes over the next four years. New developments will not need to make a normal application for planning permission. Taxpayer-funded RBS will provide low-interest rate mortgages for the scheme. The homes vacated by social housing tenants will be used by housing associations to charge at market rent as the demand for private rented housing soars. The consultation, Growing Communities Through Self-Build, closes at midday today.

Posted by drewster @ 11:22 AM (1994 views)
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5 thoughts on “New legislation offers Right-to-Build

  • Had me right up to this bit of the article “The funding for the scheme will be found from a variety of sources, including: Projected rent revenues from MPs renting out spare rooms in each of their homes”

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  • Anybody with his credibility problem shouldn’t be announcing new policies on this date.

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  • Anybody with his credibility problem shouldn’t be announcing new policies.

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  • @3 – agreed, but I meant “wouldn’t be announcing…..”.

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  • @2&3….class, right on the money, Grant Shambles more like, I find it hard to believe hes been successful out in the real world….. unless of course his remit as housing minister is to look after the property owning elite rather than the common man??

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