New Homes Bonus “will not deliver homes quickly”

Dec. 1, 2010
The New Homes Bonus will not ensure quick delivery of some new homes according to former housing minister Nick Raynsford. <br> <br> Speaking at the All Party Parliamentary Group’s seminar on housing market challenges at the House of Commons last month, Raynsford said that the bonus did not reward planning consent for new homes - it would be paid only on completion of a home, not on placing an application. <br> <br> “Planning consent can take years to achieve. The new homes that are currently being built in Greenwich took seven years to get consent,” he explained. <br> <br> “If industry continues regenerating sites, this is detrimental. If you clear old homes to build new ones, the bonus does not apply.” <br> <br> Meanwhile, MP Nick Boles, APPG’s co-chairman, stated that incentives were the only way of getting communities to accept housing. If they did not, he said, they would have to pay substantially high prices for basic services and infrastructure: “If a community refuses housing, they’ll have to pay stonkingly high prices for rubbish collections, for instance,” he said. <br> <br> “If in two or three years we discover that the incentives haven’t worked, we’ll put on even more …

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