• Wednesday, August 10, 2022

Business

UK Government and Barclays Launch £1 Billion Fund to Deliver More Houses

The British government and Barclays have launched a fund of £1 billion on Wednesday (12) to help construct houses across England (Photo by Matt Cardy/Getty Images).

By: Radhakrishna N S

The British government and Barclays have launched a fund of £1 billion on Wednesday (12) to help construct houses across England to raise the pace of construction in an attempt to reduce England’s housing shortage and increase the pace and volume of housing provision. The fund aims to help small house-builders in an attempt to tackle England’s housing shortage. Loans ranging from £5 million to £100m, which will be competitively priced, are available for developers and house builders who are able to demonstrate the necessary experience and track record to undertake and complete their proposed project. The agreement with Barclays…

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