Manchester aims to build 2,000 new homes a year with cities in the UK facing lack of affordable homes.
The plan was made to accelerate the delivery of affordable homes and has drawn up a housing affordability framework which aims to guarantee a strong supply of decent, secure housing to rent or buy for those under the average household income.
This strategy aims to cover a range of tenures such as social housing, reasonable rent properties, shared ownership or shared equity as well as rent to buy homes.
Bernard Priest, Deputy Leader of Manchester City Council stated, “Manchester is leading the way to ensure the city can deliver decent and secure housing that meets the basic requirements of the residents that belong to the below the average income of the city.”
Interested to invest in a home in Manchester?
Contact Herald Land Today!