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Community to fast-track new homes
The move is a component of wider efforts to assist double the size of the self-build sector – with backing from experts including Grand Designs presenter Kevin McCloud, that has agreed to be the industry’s champion.
The Minister named seven sites across the nation being set aside especially for groups of people seeking to work together to build their very own homes. These sites, along with many more opportunities being recognized by local authorities, can create hundreds of new self build opportunities across the nation.
He also praised the job of councils including Cherwell District Council, who’re looking to give as numerous local people as possible the chance to build their own homes – including on dedicated sites.
With Datamonitor predicting that the amounts of mortgages available to self-builders increases by 141 per cent over future years, Mr Shapps wrote to major lenders urging these to consider how they can take full advantage of the business opportunity that the growing self-build sector can provide.
Enough surplus previously-used public sector land for approximately 60 homes is going to be made available in Trevenson Park, Pool, Cornwall – which makes it the nation’s first-ever large-scale self-build plot.
The move follows the Minister’s recent pursuit to Almere in the Netherlands – Europe’s largest low-cost self-build project. There, he could see the difference that may be made when a council gives assistance to local aspiring self-builders.
He praised the job of Cherwell District Council in Oxfordshire, who’re following Almere’s lead by providing specific sites to residents looking to build their very own home.
As councils across the nation draw up their local plans for development, Mr Shapps urged these to follow Cherwell’s example and think about the needs of self-builders within their area.
In addition to offering land, Grant Shapps also published information on a new £30 million investment fund to provide people the money they have to lay the foundations for his or her self-build projects – the very first time this has been completed in the UK.
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