Self build plots approved for government funding

Housing Wed, Mar 23, 2016 10:25 AM

The first two housing projects to be awarded with a slice of the government's self build fund have been approved by Housing Minister Mark Prisk.

Nine self-build plots in Morton, east Derbyshire will receive an estimated loan value of £450,000. The second to meet approval was a scheme in Peterborough which proposed eleven self build plots. This project will receive £725,000 in funds.

Speaking at a special self-build workshop for local authority Leaders in London, Mr Prisk said that the first projects would benefit from over £1.1million to start work on up to 20 self-build plots.

Mark Prisk said: "Across the country, more people than ever want control over the design and build of their home. I'm delighted that the first self-build projects in Derbyshire and Peterborough have been earmarked for Government cash."

The Housing Minister is keen to build on the growing interest in self build project across the UK. He said that local authorities must learn from the success of self build schemes abroad, and incorporate initiatives into local development plans.