Wednesday’s announcement that an additional £2billion in funds is going to be made available to build more social and affordable housing made great headline news for our industry in general. There is a renowned national shortfall in housing, particularly in the level of affordable homes available to rent or buy. Social rent is genuinely more affordable for those on a lower income, but the rapid fall in houses being built or acquired for social rent has meant the total number of extra homes categorised as "affordable" has been on a downward trend. It is interesting that councils will be encouraged to engage in providing certainty over future rent levels and thus, hopefully play a larger.
More Money For Affordable & Social Housing?





