Government announces schemes to accelerate home building

Government ministers have announced schemes totalling £5 billion designed to speed up the construction of tens of thousands of homes.
At the Conservative conference in Birmingham, Chancellor Philip Hammond and Communities Secretary Sajid Javid set out details of a Home Building Fund using £3 billion of previously-announced cash to provide loans to stimulate projects, as well as a £2 billion Accelerated Construction scheme to make publicly-owned "brownfield" land available for swift development.
The Home Building Fund will provide £1 billion of short-term loan funding for small... read more