Plans to boost UK housebuilding, jobs and the economy
6 Sep 2012 02:16 PM
PM: "This Government is serious about rolling its sleeves up and doing it all it can to kick-start the economy"
The Prime Minister and Deputy Prime Minister have announced a major housing and planning package that will help deliver:
- Up to 70.000 new homes, including affordable housing and opportunities for first-time buyers to get onto the housing ladder
- 140 000 jobs and a boost to the construction sector
- A £40bn guarantee for major infrastructure projects and £10bn for new homes
This includes a series of measures aimed at supporting businesses, developers and first-time buyers, while slashing unnecessary red tape across the planning system.
The measures include:
-
For a time limited period, slashing planning red tape, including sweeping away the rules and bureaucracy that prevent families and businesses from making improvements to their properties, helping tens of thousands of home owners and companies.
The Prime Minister said:
“The measures announced today show this Government is serious about rolling its sleeves up and doing it all it can to kick-start the economy. Some of the proposals are controversial; others have been a long time in coming. But along with our Housing Strategy, they provide a comprehensive plan to unleash one of the biggest homebuilding programmes this country has seen in a generation. That means more investment around the county; more jobs for our people; and more young families able to realise their dreams and get on the housing ladder.”
The Deputy Prime Minister said:
“This is a Coalition Government, determined to get on with the job of delivering a healthier economy. Today’s major boost to housing and planning will make it easier to build a home, easier to buy a first home and easier to extend a home. A boost that will get Britain building again. Building thousands of affordable homes and generating thousands of new jobs.”