Statement In Response To The Government Housing Announcement
17 November 2012
On 21st November 2011 the UK government announced measures to deal with an acute shortage of affordable homes and people unable to get mortgages. The following is a statement on behalf of Persimmon Homes in response to the government's plans.
“We wholeheartedly support today’s Government announcement regarding plans to kick-start the housing industry. The Prime Minister’s proposals regarding taxpayers’ underwriting mortgages totalling hundreds of millions of pounds is a radical idea and one which we believe will help first time buyers across the country make the move into their own accommodation and even support existing home owners who so far, have been unable to trade-up.
“We also welcome the £400m subsidy for the construction of 16,000 new homes to property developers as part of the ‘Get Britain Building Fund’. Not only will this bring about much needed new housing, earmarked as one of the Government’s economic priorities, but it will also create thousands of jobs which will come as a boost to the UK economy.”
“We recognise just how important first time buyers are in sustaining the property market. We, along with the rest of the construction industry, look forward to seeing the impact these positive measures should make.”
Steve Roche, group communications director, Persimmon plc
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