Builders need £3bn Help to Build scheme to save Britain's housing market, think tank warns

Housebuilders should be given up to £3bn in short-term grants to prevent a collapse in the supply of new homes, according to a new report.

Centre for Policies Studies, a think tank, has called for the urgent stimulus to protect the sector from a lasting impact due to the coronavirus outbreak. It has proposed a 12-month ‘Help to Build’ scheme where developers receive grants of up to £25,000 per new build.

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Date Added: Wednesday 10th June 2020