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  1. Published on: 25/02/2017 09:44 AMReported by: roving-eye
    The number of new build homes that have started to be built continued to rise last year to the highest level since 2007, figures released recently (23 February 2017) show.



    The latest house building data shows that 153,370 new homes were started in the year to December, up 5% on the previous year.

    More than 140,500 homes were completed in the year to December 2016.

    Meanwhile, figures from the Council of Mortgage Lenders show first-time buyer lending totalled 338,900 loans in 2016, up 8% on last year.

    Housing and Planning Minister Gavin Barwell said:

    We’ve got the country building again with the highest number of housing starts for 9 years. However, we know there’s more to be done to build more homes in the places that people want to live.

    Our housing white paper sets out an ambitious set of proposals to deliver more land, speed up build out, diversify the housing market, and support people who need help now.

    The figures also show strong growth across the country with Islington and Manchester experiencing high levels of starts in the year to December 2016, with an annual increase of 296% and 323% respectively.

    Reforms in the recently published housing white paper set out the government’s bold new plans to fix the broken housing market and build more homes across England.

    The 4 key aspects of the paper set out new measures to ensure the housing market works for everyone, and help local authorities, developers and SME builders get building.

    Building more homes is an absolute priority, which is why the government plans to invest £25 billion in housing over the Spending Review.

    £1.4 billion of funding has been released for Affordable Housing, and restrictions on funding have been relaxed so providers can build a range of homes including for Affordable Rent and Rent to Buy which help people save for a deposit before they buy.
    Follow the discussion on news at facebook.com/groups/ormskirknews

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  2. WANTED: YOUR NEWS AND STORIES FOR ORMSKIRK
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    Your Comments:


  3. Orb says:25/02/2017 12:30 PM
    Across Europe more people are dying than being born.. So why is that we need large amounts of new homes?

    https://goo.gl/fFxKHF

    https://goo.gl/Yniflk

  4. Ruler!1 says:25/02/2017 12:45 PM
    Would this be the housing with continually poor build quality and ground rents that are sold to private firms for exploitation !!

  5. r4dent says:25/02/2017 02:10 PM
    Quote Originally Posted by Orb View Post
    Across Europe more people are dying than being born.. So why is that we need large amounts of new homes?

    https://goo.gl/fFxKHF

    https://goo.gl/Yniflk
    If you look at the detail of the second link, it is apparent that in most of the UK population is increasing.

    Also this government paper helps understand the need for more housing.
    https://www.parliament.uk/business/p...ousing-supply/

    ".... it has been clear for some time that housing supply is not keeping up with the additional demand generated by rising life expectancy, immigration and the growing number of one-person households."


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