Latest News Tue, Mar 22, 2016 5:26 PM
New figures show that government action is getting Britain building again, Housing Minister Kris Hopkins has claimed.
The latest statistics reveal that the last 3 months have seen the fastest rate of housebuilding since the crash in 2008, and government schemes are helping tens of thousands of hardworking families get onto the housing ladder.
Mr Hopkins said the housing market inherited in 2010 was a “smoking ruin”, but the right policies, including prioritising limited financial resources, are returning it to health. He said the figures were the latest evidence that solid progress is being made across the housing market as a whole, including:
The minister said he was reassured improvements across the housing market are delivering progress across the whole country, for example:
Housing Minister Kris Hopkins said: "This government inherited the biggest budget deficit in our peacetime history and house building rates that had crashed to their lowest levels since the 1920s.
"We’ve taken the tough decisions to tackle the deficit, keeping interest rates and repossessions down, and introduced a series of initiatives to help build more affordable homes and give hard-working people a helping hand up the housing ladder.
"These figures show we’re building at the fastest rate since the crash in 2008, more people are securing a place on the housing ladder, and we’re delivering tens of thousands of affordable homes across the whole country.
"But there’s still more to do, and improving the housing market will remain a top priority. That means getting builders back on site, delivering new housing, more jobs and ensuring every hard working family has a place they can call home."
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