Lib Dems spell out housebuilding reforms

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Source: Tom Campbell

Proposals include a new agency with beefed-up compulsory purchase powers

The Liberal Democrats have announced a raft of policies which the party’s leader Vince Cable says will boost housebuilding activity across the UK.

In an interview with Building, due to be published this week, the former business secretary (pictured) blasted current housebuilding practices, pointing to what he called the failing “developer-led model” which he said “doesn’t work because land prices are too high and by the time this is factored into the price of houses with the developers’ margin, they’re just unaffordable”.

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