House build­ing rise is not enough

Yorkshire Post - Property - - PROPERTY -

There has been a 13 per cent rise in the num­ber of house build­ing starts in the sec­ond quar­ter of the year. Steve Lees, di­rec­tor at SmartNewHomes.com, says: “A rise is wel­comed, how­ever, but this fig­ure is still a shock­ing 42 per cent be­low the March 2007 peak.

“The new Govern­ment’s cur­rent hous­ing pol­icy vac­uum, leav­ing plan­ners in limbo and in­dus­try with its hands tied, could very quickly wipe out this small in­crease in starts.”

He adds: “At present, Hous­ing Min­is­ter Grant Shapps has only of­fered out­line de­tails of his pro­posal to of­fer a ‘New Homes Bonus’ to coun­cils to en­cour­age devel­op­ment.”

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