Governments Home Pledge

£180m vow to build ‘first-timer’ homes

Oct 17 2007 by Michelle Fiddler, Liverpool Echo

THE government has pledged an extra £180m over three years for new housing on Merseyside.

The aim is to end the north-south divide in help for first-time buyers to get on the property ladder, minister Yvette Cooper confirmed.

A further £40m will go to neighbouring constituencies, including Halton, Ellesmere Port and West Lancashire.

In total the north west will receive £801m out of the Treasury's £10.2bn allocation to build affordable housing, upgrade existing stock and encourage decent rental accommod-ation. more