Cymraeg
Object
Review Report
Representation ID: 27162
Received: 22/12/2017
Respondent: Home Builders Federation Ltd
The economic down turn happened between 2008 and 2013 so it is incorrect to refer to it as being over recent years. In fact in recent years the number of homes in Wales has been on the increase particularly since the introduction of Help to Buy Wales in 2014, this scheme is funded until at least 2021 so there is no current reason why this should not continue to support the purchase of new homes of which currently 78% are by first time buyers.
The economic down turn happened between 2008 and 2013 so it is incorrect to refer to it as being over recent years. In fact in recent years the number of homes in Wales has been on the increase particularly since the introduction of Help to Buy Wales in 2014, this scheme is funded until at least 2021 so there is no current reason why this should not continue to support the purchase of new homes of which currently 78% are by first time buyers.
Noted. It is acknowledged that the UK is no longer in recession, however the effects of the downturn are still being felt in the delivery of housing.