The Inside Edge
If you are particularly after purchasing a new home then good news is on the horizon. The Government is currently on track to build 100,000 new homes in the UK over the next 4 years, according to Housing Minister Grant Shapps.
Buying a home off-plan comes with a lot of benefits. Firstly you get to be the first person to ever live in the house and you can see if well before it is built. You can also usually choose various fittings such as carpets, the finish of kitchen units and the style of bathroom tiles. Many housing developers are also making it easier for people to move into new homes by offering to pay deposits or stamp duty which can really be a lifeline to some first time buyers.
Mr Shapps said that he is “delighted” that Government departments are taking up the challenge to release more land with the space to build over 50,000 new homes, and that property experts will carry on working with departments to ensure “no stone is left unturned”.
At the same time, he also set a challenge for UK property firms to release as much land as possible and make it available for new homes. A cabinet committee will carefully analyse each department’s plans to ensure every possible site is made available for house building.
Mr Shapps went on to explain that the new Community Right to Reclaim Land will assist communities with the improvement of their local area by arranging for disused publicly-owned land to be released for new developments.
He also claimed it will “revolutionise” the way local people, working alone or with their communities, will be able to come together to build the homes, shops and businesses the area needs.
“Ordinary people will have a simple system for making a case to use that land and improve their local area, with a promise they will now be listened to,” he added.