Government Makes Housing a Priority
In setting out his policy focus, Gordon Brown yesterday pledged to make housing a priority area, pledging to do more to provide greater levels of home ownership and to make it easier for first-time buyers.The Government has set a new target of building 3 million new homes by 2020. He also announced plans to speed up the planning process and bring surplus public land into housing use, while keeping exisitng protections on the Green Belt.
The Government is again looking at the financing of house purchases, looking at 20-25 year fixed rate mortgages.
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