Funding Runs Out On ￡149m Shared-ownership Scheme

摘要

Housebuilders have called for more government help after it emerged this week that funding for a key shared-ownership scheme had run out in a number of regions.rnHard-pressed builders said the government scheme, called My Choice Homebuy, had been one of the few ways to achieve sales in the past six months.rnA spokesperson from the Homes and Communities Agency (HCA) admitted it was possible the scheme, which was backed by ￡149m of government cash, had been closed to new customers in a number of regions but was unable to give details.rnCharles Gallagher, executive chairman of UK and Irelandrnhousebuilder Abbey, said he had been told there were only a couple of regions left with any cash to spend. He said: "It's a pity because this was a good scheme -we had just got our heads round it, we'd had a lot of interest and closing it is problematic."rnA separate builder, who declined to be named, said: "It's very disappointing. Frankly, it's all we need right now."