Chancellor offers £3bn fix for Britain's 'broken housing market'

Philip Hammond’s spring statement includes funding to build 30,000 affordable homes

A new £3bn scheme will fund the building of 30,000 affordable homes, the chancellor has said, as he proclaimed that the government was on track to reach its target of 300,000 new homes a year in Britain.

Philip Hammond’s spring statement also contained a patchwork of separate schemes to boost housebuilding, including £717m to “unlock up to 37,000 homes” in the Oxford-Cambridge arc, Cheshire and west London.

Continue reading...

from The Guardian https://ift.tt/2Hwha5M