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Today While giving a speech at the national housing federation, the prime minister pledged £2bn to boost social and affordable housing. After running through a list of achievements the government has achieved within the housing market in recent times, including the affordable homes program, new social housing green paper program and the tenant's fees bill. Theresa May moving swiftly onto outlining plans for the pledged £2billion, stating: “Under the scheme, associations will be able to apply for funding stretching as far ahead as 2028/29. In the locations where they are needed most.” The main question for property investors and the general public is, Will this actually make a difference? The government has been pledging money for improving the housing supply for over 14 years and we are still behind with an ever increasing population. Do you think this will have an impact on the housing market from investors, developers and tenants point of view? Let us know in the comments below.- 4 replies
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