Minister Encourages Lending to Self Builders

Minister Encourages Lending to Self Builders

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the self-build housing sector in the UK, highlighting that 15,000 self-build homes are constructed annually. Despite challenges like land scarcity and mortgage difficulties, self-building is seen as a viable option. The UK has a low self-build rate compared to Europe. Housing Minister Grant Shapps is working to reduce barriers, aiming for a self-build revolution accessible to more people. As the mortgage market recovers, there is optimism for increased lender support.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the text suggest that self building is not just for the privileged few?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the current trends in the mortgage market as mentioned in the text?

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