Construction NewsConstruction Directory Fronius UK Ltd
Chadwick Design Solutions Ltd Rubb Buildings Ltd Bobcat of London Rooflight Architectural Ltd Allmat (East Surrey) Ltd Ceramica Impex Ltd KAS Shopfittings Creative Workwear FPC (UK) Ltd Steve Hunt Plant Hire KAT UK LTD G B S Lighting & Electrical Containex Downer Cladding Systems Limited BRD Environmental Ltd Star Projects Limited

United Kingdom Industry News

12/03/2012

New Home Ownership Scheme Unveiled

The Government will today unveil ambitious new plans to boost home ownership across the country.

An estimated 100,000 prospective and existing homeowners will be helped to buy their dream home through the NewBuy Guarantee - a scheme that brings lenders, builders and the Government together to offer mortgages on new-build properties with much smaller deposits than currently required.

The increased demand in homes will also give a boost to the house builders and the economy, and see thousands of workers returning to building sits across the country.

- - - - - - Advertisement - - - - - -
hss

Unveiling the plans, Prime Minister David Cameron is expected to say: "Strong families and stable communities are built from good homes. That's why I want us to build more homes and I want more people to have the chance to own their own home.

"We are acting today across the board to make this happen.

"We're re-booting the right to buy scheme to increase discounts for two million tenants in social housing in England.

"And we're delivering on our promise to offer affordable mortgages to buyers who might otherwise not be able to raise the money to buy a newly-built home.

"It's no good hoping people will climb the property ladder if the bottom rung is missing. Affordable properties and available mortgages are vital.

"So we're working with leading house builders and lenders to get the scheme underway. It's a vital boost to the housing market, giving people good affordable new homes and backing thousands of jobs in construction in the process.

"This government doesn't just talk about expanding home ownership: we're making it happen."

(CD)
Bookmark and Share

Top Stories
17/04/2014
Balfour Beatty Begin On 11.6m Project
17/04/2014
Plans Approved To Redevelop The Warner Stand
17/04/2014
Building Starts On Manchester Leisure Centre
17/04/2014
68m Improvement Scheme Announced For A477
17/04/2014
'Custom Build' Homes Come To Peterborough
17/04/2014
Work On DLR Pudding Mill Lane Station Nears Completion
17/04/2014
Fitter Given Suspended Sentence For Illegal Gas Work
17/04/2014
LED Lamp Prices Fall By Almost 10%
16/04/2014
Mace JV Wins Sellafield Deal
16/04/2014
Construction Activity To Grow 18% By 2017 - CPA
Construction News Archive
Submit News Story
Editorial Staff
home
UK Construction Industry News
Balfour Beatty Begin On 11.6m Project
Plans Approved To Redevelop The Warner Stand
Building Starts On Manchester Leisure Centre
68m Improvement Scheme Announced For A477
'Custom Build' Homes Come To Peterborough
Work On DLR Pudding Mill Lane Station Nears Completion
Fitter Given Suspended Sentence For Illegal Gas Work
LED Lamp Prices Fall By Almost 10%
Mace JV Wins Sellafield Deal
Construction Activity To Grow 18% By 2017 - CPA
Peterborough Residents Save Thousands On Energy Bills
Major Environmental Improvements Made On The Gateway Route
Subscribe to email news

national News
House Of Commons To Debate Second Reading Of High Speed Rail Bill
RMT Announce Five Days Of Strike Action Over Closures
Co-Op Group Announce 2.5bn Loss
Life For 21-Year-Old Who Beheaded His Girlfriend
Met Report 'One Of The Biggest Gun Hauls Ever'
Stagecoach To Axe 14 Services And Reduce Others
Lorry Driver Arrested Over M26 Pile-Up
UK Women Endure Worst Sexism
Liverpool Remembers Hillsborough Victims
Manchester City Players The Best Paid In Global Sport
Liberton High School To Reopen After Teen Death
Hague Warns Russia Could Face Isolation
163% Increase In Foodbank Use - The Trussell Trust
Other News In Brief
Construction News Archive
download the build app from the app store
Traffic is ABC certified
ppa.co.uk
Specialized Blasting & Coatings Ltd Starlight Stained Glass SJ Geomatics Sky Platform Hire Limited Contrasol Ltd Best Glass and Glazing Co Kellaway Building Supplies Ltd Comaero Fasteners Ltd Stone Supplies (Cotswolds) Timeless Timber Charles Normandale Ferco Seating Systems Ltd Open Door Centre Ltd E E Ingleton Engineering Ltd B & L Shutters Ltd Exante Trading Ltd
Basement & Drainage Systems Ltd
Flagship Media Group Ltd
Unit C3, 6 Westbank Drive, Belfast,
BT3 9LA, Northern Ireland
Tel (+44) 28 9031 9008
Contact : Click here
Website Terms and Conditions

keycons003 / keycons003x16 18/04/2014 05:28:14 / A7 / B6 / 0.015625, 67.202.56.112 / BOT1

New Home Ownership Scheme Unveiled - The Government will today unveil ambitious new plans to boost home ownership across the country.