New measures for affordable housing announced
Wednesday, 14 May 2008 12:56
The new housing measures are designed to help first time buyers
Government plans for housing involve a £200 million pound fund to purchase unsold new homes and make them available to first time buyers have been announced in the draft Queen's speech.
A shared equity fund for housing will be open to applications from all first time buyers.
Tenants in social housing would be treated more fairly, the prime minister claimed. They would be given more information on their landlord and receive rewards for being "good tenants". Those who engaged in anti-social behaviour, however, would face more severe penalties.