The Government have released a list of provisional allocations of the New Homes Bonus for the 2022/2023 financial year.
It is a grant paid by central Government to local councils to reflect and incentivise housing growth.
You may have read multiple news articles on new homes in Worcestershire, Herefordshire and Gloucestershire "new home" sites popping up frequently across the three counties. If you've been looking for new homes in Worcester, multiple Development companies are building thousands of houses, expanding from the edge of the city to the nearby villages.
"As a new home buyer, I am happy the Government are enabling property development, so there are affordable homes for buyers to purchase on the market and even create their property to specification, in their desired local area..." Ellie
Read to find out the proposed budget allocated to your town/city:
New Homes Bonus provisional allocations 2022 to 2023
List of provisional allocations of the New Homes Bonus for the 2022 to 2023 financial year.
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