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Home Builders Federation release housing figures

The Home Builders Federation (HBF) has found that around 4,000 people have reserved a new home using the new equity loan scheme under the government’s Help to Buy programme – which launched on 1 April.

CBI head of housing policy Lucy Thornycroft said: “These are early signs of a pickup in the housing industry – but we are still falling woefully short of building the homes we need.

“Housing stimulates quick economic returns – it has short construction lead-in times and immediate impact in creating jobs and boosting local economies.

“Ministers have been bold in introducing new measures helping people get a mortgage to meet pent-up demand. We now need to see real urgency to boost housing supply and affordable housing to stabilise the market in the longer-term.”

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