Get Britain Building is 'a welcome boost to construction'
The government's Get Britain Building programme has been described as a "welcome boost" to the UK construction sector by the Federation of Master Builders (FMB).
Brian Berry, chief executive of the FMB, commented: "It's very good news that the government has recognised the value of smaller developments to deliver much needed new homes.
"Smaller housing developments are often more acceptable to local communities because they are more sympathetic to their local needs. They also have the benefit of providing more local jobs which is good for the local economy."
He argued that the initiative will help to deliver more homes across the UK at a time when many homebuyers are struggling to find affordable properties.
It will go some way towards offsetting the country's ongoing housing crisis in this respect and therefore the FMB has applauded the government's efforts.
However, Mr Berry also noted that another method for boosting the supply of homes across the country would be to reduce the tax burden on small home builders, delivering a blanket exemption for these organisations from the soon-to-be-implemented Community Infrastructure Levy that will add around £43,000 to the costs associated with building a two-bedroom home in some parts of the UK.
Earlier this month, the Homes and Communities Agency opened up the Get Britain Building initiative to smaller developments, reducing its minimum property size for projects from 25 to 15.
As part of efforts to promote greater numbers of new home building starts across the country, the HCA has set aside £100 million of its budget for these types of enterprises, with developers now being given until the end of March next year to begin construction work.
However, only those projects that can guarantee completion by the end of the scheme - March 31st 2015 - will be eligible for grants.
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