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Government could buy developers' unsold homes under £2bn fund | Business | The Guardian

'An HCA spokesperson said: “The HCA is exploring a number of ways that result in faster build-out rates. '

'One of these is to share the exposure with the contractor in the rare circumstance that homes are not sold.”In the 1980s, around two-thirds of new homes were built by small firms, but their contribution has now dropped to about a quarter. '

'Any way you can derisk that process will help,” he said. '

'Recently the Federation of Master Builders (FMB) said that a lack of available and viable land was the biggest barrier to building for SMEs in the industry, while difficulty accessing finance was another key issue. '

'Steve Turner, a spokesman for the Home Builders Federation, said the guarantee was part of a package of measures which should help small firms come back to the market. “The reason that you’ve seen the number of small builders fall by 80% in the past 25 years is that building has become a very risky business. '

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