Mark Prisk announces £10bn lending guarantees to boost new affordable home supply

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Published by Max Salsbury for 24dash.com in Central Government and also in Development, Finance, Housing

The Government is setting out how two new schemes will put up to £10bn of lending guarantees to work so investors can expand the private rented sector and build new affordable homes, Chief Secretary Danny Alexander and Housing Minister Mark Prisk announced today. The ministers are publishing further details on two guarantee schemes that will use the Government’s "fiscal credibility" to provide property investors with low-cost finance so they can deliver new private rented or affordabl...

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