Councils given more flexibility to deliver affordable housing

The coalition government has said more council housing has been built in the last three years than in the previous 15 years combined. The government’s affordable housing programme is on track to deliver 170,000 homes by 2015 and a further 165,000 between 2015 and 2018.

Yet this still is not enough to alleviate the shortage of affordable housing, and on 7 April communities secretary Eric Pickles and chief secretary to the Treasury Danny Alexander announced new powers for councils that, they claim, will enable 10,000 new affordable homes to be built.

The first is the ability for councils to bid for £300m extra borrowing through an increase in their housing revenue accounts, something that had been announced in the Autumn Statement. There is now a prospectus, and councils have up to 16 June 2014 to submit either a firm bid or an expression of interest…

Click on the link below to read the rest of the Walker Morris briefing.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Walker Morris

View more briefings from Walker Morris

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

Kings Court
12 King Street
Leeds
LS1 2HL
UK
http://www.walkermorris.co.uk

Turnover (£m): 42.50
No. of lawyers: 188