The cure for the housing crisis?
The Housing Minister Grant Shapps is set to unveil proposals to sell off huge areas of public land to encourage house-building projects all over the UK.
Imagine an area of land twice the size of Leicestershire. That’s the amount of public land that will be put on sale, and is enough to build 100,000 new homes on it.
Housing minister Grant Shapps said: “I can confirm an ambitious challenge across government to release enough land from Whitehall’s grip for 100,000 new homes across the country.”
These new homes are set to be built over the next four years and will create new jobs for contractors. The government hopes that 25,000 jobs will be created as a result of selling the public land, which will fuel the construction industry and help solve the housing crisis.
This scheme also involves the “build now, pay later” deal, where housebuilders only start paying for the land once they’ve started building on it. To find out what this is all about, here’s a previous story from Train4TradeSkills News.
Posted on June 7, 2011, in construction jobs, construction news, Electrical News, electrician jobs, plumbing jobs, Plumbing News, train4tradeskills and tagged build now pay later, construction, construction jobs, government public land, Grant Shapps, New Homes bonus, plumbing jobs, Public land, t4ts, train4tradeskills, Whitehall. Bookmark the permalink. Leave a comment.