Government to Invest £600 million in New Homes
The Government recently announced that it is to invest over £600 million to support the construction of 50,000 new homes in England.
Chancellor Sajid Javid believes the fund will ensure the necessary infrastructure is in place to unlock housing in high demand areas.
“I want to see more homes built in the places people want to live, so more people realise the dream of home ownership. But we need the roads, rail links, and schools to support the families living in those homes, which is why I set up a fund to put in place the infrastructure to unlock new homes in these areas”, said Javid.
While the announcement doesn’t solve the ongoing problem of a lack of homes, it’s fantastic to see the provision of funds for the building of new properties in England.
At Southern Home Ownership, we’re passionate about providing a range of developments for first time buyers in London and the South East.
During the last financial year, we completed a total of 162 Shared Ownership units to help first time buyers get on the property ladder. During this financial year, we’re looking to build upon this figure, and our aim is to provide 223 Shared Ownership homes.
We will continue to keep you updated on our progress and what we’re doing to try and help the provide new, accessible properties, in popular neighbourhoods.
Are you looking for a stylish and modern home in London or the South East?
Southern Home Ownership is dedicated to providing stylish, high quality and contemporary new homes for sale on a Shared Ownership basis.
If you're a first-time buyer and interested in owning a property through Shared Ownership in London or the South East, then click on this link to take a look at our latest developments.