New homes bonus for Wokingham and West Berkshire

Settled communities are often understandably apprehensive about too much new development. One of the reasons is the fear that the arrival of new homes places strains on schools, surgeries, roadspace and public transport. These facilities need to be improved and expanded if new homes are going to be built.

In part recognition of this the present government offers new homes bonus payments to a Council allowing new housebuilding to take place. The sums are paid for 6 years following completion of the new dwellings. The Minister Brandon Lewis has recently written to me to bring me up to date with the money involved for 2015-16.

For 2015-16 Wokingham receives a bonus of £3,426,328, taking the total to £9,661,854. West Berkshire receives £3,062,256, taking the total to £8,144,500.

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  • About John Redwood

    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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