State-backed British Housing Company would compulsorily purchase land at low cost Vince Cable is to propose a state-backed agency to compulsorily purchase land for building and call for measures to allow construction on some green belt sites.In a speech at the Royal Institute of British Architects in London on Tuesday, the Liberal Democrat leader will also propose a big expansion in rent-to-own, where some people in new developments could pay a market rent in exchange for a gradual stake in the property, thereby subsidising social rents. Continue reading…
Source : theguardian.com
Read more…Lib Dems propose land-buying agency to boost house building















