Hammond secures 3 billion for house builders

padington

.. and ring fences a portion for 'small time innovators' who can build unusually 'fast'.

Money for micro homes revolutions perhaps ?

Jack_Johnson_the_acorn

padington wrote: »

.. and ring fences a portion for 'small time innovators' who can build unusually 'fast'.

Money for micro homes revolutions perhaps ?

Good news for 1st time buyers. We are in desperate need of housing.

CLAPTON

another bit of mindless micromanagement that will not produce an additional single property

-selling of surplus public land - now has that been promised 30 or is it 40 times already
-pre fabs - agains is that 30 or it it 40 times its been promised
-brown field site - probaly 100s of times that beeen promised

and in practice no new money

wotsthat

Rich landowners breathe a sigh of relief as nothing is done about reducing the massive premium for converting land into land with planning permission.

lisyloo

I'm suprised this thread hasn't had more discussion.
The government of the day finally doing what many of us have been wanting for a long time.

using £2bn of new public sector borrowing to make public land with outline planning permission available to builders.

CLAPTON

lisyloo wrote: »

I'm suprised this thread hasn't had more discussion.
The government of the day finally doing what many of us have been wanting for a long time.

using £2bn of new public sector borrowing to make public land with outline planning permission available to builders.

why does the government need to spend a single pound to make government owned land available for building? (they could actually MAKE money by selling it )
have not every and every government for the last 25 years announced this and then silenece until the next time they announce it.

Rich2808

More 'affordable' £450k one bed flats in London?

Unless you solve the real problem - house prices are too high - it's all talk.

vivatifosi

CLAPTON wrote: »

another bit of mindless micromanagement that will not produce an additional single property

-selling of surplus public land - now has that been promised 30 or is it 40 times already
-pre fabs - agains is that 30 or it it 40 times its been promised
-brown field site - probaly 100s of times that beeen promised

and in practice no new money

Clapton has hit the nail right on the head here. Is this the £3bn, or a fraction of the £7bn already promised by Osborne? And what exactly is being done to get these built. At the moment it just smacks of recycled promises.

Hopefully this government will realise that we judge them on their actions not what they say.

CLAPTON

Rich2808 wrote: »

More 'affordable' £450k one bed flats in London?

Unless you solve the real problem - house prices are too high - it's all talk.

the real problem is there isn't sufficient properties for the ever increasing London/SE population

stator

Easiest way to mass built houses:

1. Give councils the power and money to compulsory purchase land (quickly) for housing at it's present use value
2. Council designs estate and services and parcels up land
3. Council sells on individual plots and groups of plots
4. Some of the profits are shared with original land owner
5. Rest of money is recycled into next housing estate

CLAPTON

stator wrote: »

Easiest way to mass built houses:

1. Give councils the power and money to compulsory purchase land (quickly) for housing at it's present use value
2. Council designs estate and services and parcels up land
3. Council sells on individual plots and groups of plots
4. Some of the profits are shared with original land owner
5. Rest of money is recycled into next housing estate

-how would that help in London ?
-why would a council be good at 'designing' estates
-if the council sells at market value then they would be 'unaffordable'
-in London, the 'original' landowner would be the person you stole -their property from to knock down and redevelop
-there would be no other money

you could take the Aylsbury Estate in Southwark as an example