The self build specialists BuildStore Financial Services welcomed Grant Shapps’ fund but warned that only support from lenders could unlock the market.
Raymond Connor, chief executive of BuildStore, said: “We wholeheartedly support Grant Shapps’ scheme and offer our congratulations to the minster and the independent groups that have campaigned hard for this to happen.
“But for real growth it is about products and margin and risk and without the support of the lenders this important sector of the housing market will struggle to break through to the next level.“
