No lift to borrowing cap hits councils’ homebuilding plans

By Dan Peters | 27 September 2017

Ministers have refused to lift the cap on borrowing despite claims it would allow local authorities to build more homes.

The Local Government Association last month pleaded for the Government to allow councils to borrow to invest in housing so they could ‘resume their historic role as a major builder of affordable homes’.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Finance Housing
Top