David Cameron’s New Year’s gift to Britons is a nationwide scheme to build thousands of new homes.
The first wave of up to 13,000 will start on four sites outside of London in 2016 – up to 40% of which will be affordable “starter” homes. This approach will also be used in at the Old Oak Common site in north west London.
The pilot for direct commissioning on publicly owned land will start in five sites:
- Connaught Barracks in Dover
- Northstowe in Cambridgeshire
- Lower Graylingwell in Chichester
- Daedelus on Waterfront in Gosport
- Old Oak Common in north west London
Prime Minister David Cameron said this is a “radical new policy shift”, not used on this scale since Thatcher and Heseltine.
“This government was elected to deliver security and opportunity – whatever stage of life you’re at. Nothing is more important to achieving that than ensuring hard-working people can buy affordable homes.
“Today’s package signals a huge shift in government policy. Nothing like this has been done on this scale in three decades – government rolling its sleeves up and directly getting homes built.”
The government also announced a £1.2bn starter home fund to prepare brownfield sites for new homes. This will fast-track the creation of at least 30,000 new starter homes and up to 30,000 market homes on 500 new sites by 2020 – helping deliver the commitment to create 200,000 starter homes over the next five years.
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