Strong housing growth figures in Lancashire

Lancashire is leading the way on house-building with more new home starts in the last quarter than anywhere else in the North West, according to government figures.

Work started on 1,140 new dwellings in the three months up to the end of August – an impressive 3.2 per cent of nationwide home starts and more than in areas such as Greater Manchester and Liverpool as well as many regions outside the North West.

LEP works to support and encourage local businesses. It aims to build more homes as part of a massive investment programme to create 50,000 new jobs and boost the local economy by £3bn.

The latest figures show that this is having an effect as house building ramps up.

In terms of housing completions, Lancashire delivered a credible 850 new homes – less than Greater Manchester and other northern cities but more than many other areas such as Cheshire and Cumbria.

“New homes for the increasing numbers of employees and their families, along with other infrastructure, are being delivered by our City Deal funding and are an essential part of our ambitious multi-million pound programme to grow the local economy by £3bn and create tens of thousands of new jobs. “These new homes are a clear indication to local people of the tangible improvements the LEP is making to the local economy. We will continue to work with our local authority and developer partners to deliver sustainable housing growth in Lancashire.”

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