NewsArticle-21-04-2010

Home building industry body Homes for Scotland, whose membership provides 95% of all homes built for sale in Scotland as well as an increasingly significant proportion of affordable housing, today slammed Liberal Democrat proposals to add VAT to new build homes if elected to Government.

On the day that Tavish Scott launched the party’s manifesto in Scotland, the organisation’s Chief Executive Jonathan Fair said:

“Somehow, the Liberal Democrats seem to be unaware that Scotland, not to mention the UK as a whole, is facing its worst housing crisis since the Second World War.  Not only has our industry lost up to half its workforce, development is touching an all-time low and vital First Time Buyers are struggling to find deposits of up to 25%.  Any measure increasing the cost of new homes, whether in the public or private sector, is sheer madness and will simply exacerbate the problems we as a country already face.”

Ends

Notes to Editors:

Homes for Scotland represents the country’s home building industry which, prior to the onset of the credit crunch,:   

• was the largest source of private investment in Scotland and the largest user of the planning system
• built 20,000 new homes, contributed £6bn to the economy and directly impacted the employment of 100,000 people (2007 figures)

Half the industry's directly employed jobs have already been lost and Scottish new build housing output has plummeted, presenting far-reaching and long-term social and economic consequences.

Click here to read Homes for Scotland’s “building for their future” appeal to MPs.