Government puts hundreds of acres of land up for sale to boost housing
Tuesday January 26th, 2016
Housing Minister Brandon Lewis urged developers to seize the opportunity and build the homes hard-working people want and deserve.
The Homes and Communities Agency (HCA) has more than 80 public land sites for sale and will bring a further 40 more sites to market over the next 18 months, providing a boost to local economies and a significant return to the taxpayer.
It is estimated these sites will support more than 5,000 homes as well as land for industry and business. Over 20% of the sites already have outline or detailed planning permission.
The government has embarked on the largest house building programme since the 1970s as it looks to deliver a million new homes. It will support the delivery of 160,000 homes through the sale of surplus public sector land.
Housing Minister Brandon Lewis said:
“Using surplus public sector land for housing has helped us get the country building again with the number of new homes up by 25%.
“Selling off these sites will allow us to go even further, delivering on our ambition to support a further 160,000 homes, while providing a significant boost to local economies and the taxpayer.
“I now want to see developers getting shovels in the ground as quick as possible and build the homes hard-working people want and deserve.”
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