Government 'not building enough houses'
On Monday (December 15th), prime minister David Cameron launched a new scheme that will offer 100,000 first-time buyers homes with a 20 per cent discount, in the aims of helping more people on the property ladder.While the National Housing Federation (NHF) has welcomed the government's focus on the housing crisis facing the UK, it is disappointed that Mr Cameron didn't announce any new investment, which it feels will come at the expense of schemes for affordable rent and shared ownership.David Orr, chief executive of the organisation, believes this will effectively worsen the situation for renters in order to help first-time buyers.He explained: "This is yet another short-term initiative in the housing market that fails to address the root of the problem - that we just aren't building enough houses. We are calling on the next government to commit to end the housing crisis within a generation and to publishing a long-term plan detailing how they will do this."Under the new scheme, aspiring homeowners will be asked to register their interest in buying a property via the Starter Home initiative from the beginning of 2015. The government claims that many of the UK's leading house builders and councils are already looking at sites that could be used to construct new homes.On Monday, the prime minister explained that 100,000 homes will be available to first-time buyers aged under 40 as part of the Starter Home initiative.Mr Cameron claims the scheme will help more people realise their dream of becoming a homeowner, while simultaneously getting Britain building - a vital component of the government's long-term economic plan to provide economic security to "hardworking people".The prime minister said: "Under this scheme, first-time buyers will be offered the chance of a 20 per cent discount, unlocking home ownership for a generation."Stewart Baseley, executive chairman of the Home Builders Federation, added that the industry is keen with the government to develop policies that allow for the construction of more high-quality homes to be "built in the right places".
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