New homes bonus for Wokingham

 

          The government has announced up to £1.7m of additional money for Wokingham over a 3 year period, to help cover additional costs of new homes as and when they are built. The government accepts that new houisng adds to public service and infrastructure costs, and there they wish Councils accepting new building to receive additional cash support.

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4 Comments

  1. Ian
    Posted December 11, 2012 at 6:41 pm | Permalink

    That will barely scratch the surface….. Wokingham is already behind on keeping infrastructure up to date with all the new houses it is having to take. The town centre is suffering chronic congestion a lot of the time and £600k a year is not a large enough commitment I fear. I notice the words “up to” so it could fall much shorter than that.

  2. Matt
    Posted December 11, 2012 at 9:51 pm | Permalink

    £1.7m for 13,000 houses. Or £130 a house.

  3. John Doran
    Posted December 13, 2012 at 6:40 am | Permalink

    Why is central government subsidising housing in an area like Wokingham at all.
    If only govt would get out of the way, I’m sure private enterprise would be happy to build all Wokingham wants.

    • alan jutson
      Posted December 30, 2012 at 8:43 am | Permalink

      John

      I am sure private enterprise has already coughed up £millions in Section 106 agreements as part of the Planning process.

      Please remember private enterprise only gets its money from its customers, which in this case would be the house purchasers, who then also pay the Council tax/Community charge each year, to look after the services and maintain and improve the roads.

      Thus the Council increase their annual income to spend as they wish, from all new development added.
      Which is perhaps one reason why many Councils allow development in the first place.

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    John Redwood won a free place at Kent College, Canterbury, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of a quoted industrial PLC, and chaired a manufacturing company with factories in Birmingham, Chicago, India and China. He is the MP for Wokingham, first elected in 1987.

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