Michael Gove’s rule changes and £3bn extra for low-cost loan scheme are positive for the housing sector, writes Gary Grigor
While traditional methods of raising finance are once again at the forefront of activity in an interest rate environment that constitutes the “new norm”, there is another show in town that should be considered: the Affordable Homes Guarantee (AHGS).
Previously, the AHGS only made money available for new developments which constituted long-term finance at a relatively low-cost fixed rate for housing associations who needed funding to support their development ambitions.