CIH reaction to mid-term review

The progress report was unveiled by Prime Minister David Cameron and his deputy Nick Clegg yesterday.

It outlined a number of measures designed to boost housebuilding over the next two years, including creating a debt guarantee scheme for up to £10 billion to support increased building of new affordable homes and homes for private rent, and supporting first-time buyers through an extension of the FirstBuy equity loan scheme.

But CIH pointed out that many had already been announced.

Chief executive Grainia Long said: “We are pleased that the government has made building more homes a top priority in its mid-term review.   As well as helping to address the continuing chronic housing shortage, which generates misery for hundreds of thousands of families, it would provide a much-needed boost to the economy.

“However, many of the measures included in the review have already been announced.  Having made these pledges, the government must ensure it moves as quickly as possible to fulfil them – we want to see some real action on the ground.”

Read the mid-term review in full