Oct
11

U.K.’s Cameron Plans to Boost Home-Building Amid Supply Drought

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  • Government will force local authorities develop plans
  • Cameron has pledged 1 million new homes available by 2020

U.K. Prime Minister David Cameron set out plans on Monday to force local authorities to build new properties, as the government seeks to boost home ownership and housebuilding.

Councils must produce their plans by 2017 or face proposals from the central government, Cameron said in a statement. Housing is a central part of the Conservative Party’s policy platform after it won a surprise majority in May’s general election. The government wants to deliver 1 million new homes by 2020…

U.K.’s Cameron Plans to Boost Home-Building Amid Supply Drought

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