30 Apr

The govt needs a healthy construction industry to boost property

The govt needs a healthy construction industry to boost property

A healthier construction industry would give a significant boost to the property sector in the UK, according to one expert on the housing market.

Steve Turner, head of communications at the Home Builders Federation (HBF), said that the government needs to be offering more incentives to the building sector in order to assist with the housing market.

"House building and construction as a whole is one of our most significant employers so if we can find a way to build the number of homes that we need, then the knock-on from that is that the economy will get a significant boost," he said.

Earlier this year, in the annual Budget, chancellor George Osborne said that the building sector would be boosted by a £150 million grant which will offer incentives to help restart projects which have had to be stopped due to a lack of funding at some point in the past.ADNFCR-1222-ID-801353274-ADNFCR

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