Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Communities and Local Government, with reference to his Department's press release Pickles cuts stealth taxes on new homes and boosts small builders, published on 28 November 2014, if he will publish the business cases for each element of the initiatives announced in that press release.
I refer the hon. Member to the answers I gave on 12 February 2015, Questions 223173 and 223176. We announced in December that we are setting aside £25 million of the Builders Finance Fund, specifically to provide loans to schemes of between 5 – 14 units in size to better support smaller builders.
We published a revised prospectus in January which can be found at: https://www.gov.uk/government/publications/builders-finance-fund-prospectus.