Nationwide Building Society December 2016 House Price Index

[DimPrawn]

Govt will prop up the UK Ponzi scheme

First-time buyer subsidised homes 'will be built this year' - BBC News

Thirty areas across England are to receive funding from the £1.2bn "Starter Homes Land Fund" for new developments on brownfield sites.

Buyers must be aged between 23 and 40 and will receive a discount of at least 20% below market value.

[DimPrawn]

Oh, govt bunging some more money at house builders...

https://www.gov.uk/government/news/f...rnment-support

The new garden projects will also have access to infrastructure funding programmes across government, such as the new £2.3 billion Housing Infrastructure Fund announced at this year’s Autumn Statement.

[OwlHoot]

Oh, govt bunging some more money at house builders...

https://www.gov.uk/government/news/f...rnment-support

What's the betting these new so-called "garden cities" will have barely a single tree?

There will be no room for trees, as the dinky little houses will be packed so close together.

[blackeye]

Govt will prop up the UK Ponzi scheme

First-time buyer subsidised homes 'will be built this year' - BBC News

What a great deal for the tax payer, 20% off a new build thats 20% overpriced, and they will even make it 20% smaller than an equivalent flat built in the 1990s!

The government subsidising the big developers never fails to amaze me. I still remember when the help to buy schemes were only available for new build properties..

[SueEllen]

What's the betting these new so-called "garden cities" will have barely a single tree?

There will be no room for trees, as the dinky little houses will be packed so close together.

I reckon they will ban cars from every other narrow street to plant them with trees and flowers.