Shapps back self-build action plan

Published on

The housing minister has welcomed a move by the self-build industry to kick-start the sector.

Grant Shapps said a new action plan could be the turning point that takes self-build to the masses.

The National Self Build Association (NaSBA) have presented Shapps with their findings on tackling the main challenges holding the self-build industry back: the availability of land and finance, lack of support from industry for new self builders and the impact of regulation.

Shapps says he has written, in discussion with the Building Societies Association, to chief executives of banks and building societies, calling on them to make more finance options available to those looking to build their own home.

NaSBA has called for the use of publicly owned land for self build housing. The government says it will be earmarking land at Hemel Hempstead for self builders as part of plans to release more land for redevelopment and seek to identify further sites and opportunities.

Shapps wants the industry to get behind the proposed self build ‘portal’, saying that key to opening up the industry to more people was improving access to the self build concept.

Saying that all communities could benefit from self build projects,the minister vowed to give serious consideration to how government can support proposals for suitable revolving fund facilities to be made available for group self build projects.

Shapps said: “Self builders deliver affordable

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...