UK House Building

House Building

After the great social upheaval of the 1st world war, the then Prime Minister David Lloyd George, promised a land “fit for heroes” for the returning troops.

At that time three quarters of the population rented homes from private landlords and David Lloyd George introduced, in 1919 the Housing act which would give local authorities government subsidies for the construction of council houses.

By the mid 1930’s, with official interest rates fixed at 2%, plentiful Continue reading UK House Building