Tuesday 24 February 2009

Beating the housing crisis

Lib Dems have launched a raft of proposals to boost the availability of affordable housing, stem the tide of repossessions and rescue the beleaguered construction industry.

Among them are plans to introduce a “Repair and Renewal” loan scheme for owners of empty properties if they agree to lease them for at least five years to housing associations.

As the recession deepens, social housing queues are growing ever longer while the construction industry has ground to a halt. Renovating empty and abandoned properties can provide low cost homes while boosting the struggling construction sector.

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