RICS respond to Government's funding for homes pledge
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In response to Housing Minister Kris Hopkins’ pledge to provide funding for more affordable homes across the UK Jeremy Blackburn, RICS UK Head of Policy, has said:
“Anything that boosts the number of new homes across the country can only be a good thing for the market and the wider economy. On this basis, today’s announcement is, most definitely, a step in the right direction. It is encouraging that, under this scheme, housing associations will be able to specifically select the types of housing needed in their area.
“What we need is more good quality, affordable properties where people want to live and are able to work. This needs to fit as part of a coordinated long term plan that delivers houses across all tenures, at the right place, at the right time. Until this happens, we are going to see a lopsided market in many parts of the country with too few homes to meet buyer demand.”