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The white paper includes some very encouraging proposals and we’re pleased to see the government widen out the starter homes policy to include shared ownership, which should encourage more developers to build more homes for this crucial tenure.
The new £1.4 billion fund to support affordable housing options is positive news and the flexibility should further incentivise housebuilders and housing associations to boost the number of units across different tenure types. It’s encouraging to see the Government recognising that affordable tenures need to play a key role in alleviating the UK’s housing crisis.