Housing success leads to £5m payout

This Is Wiltshire: Swindon council has been praised for making houses available Swindon council has been praised for making houses available

SWINDON council is to receive more than £5m as payment for making more homes available.

The government set up the New Homes Bonus shortly after coming to power and each year gives local authorities money depending on the number of extra houses in use.

It has been announced that Swindon will get £5,074,524 this time around, bringing the total amount it has received from the scheme to over £13m since 2011.

The money gained is not ring-fenced which means it can be spent on anything which the council sees fit.

Within the 12 month period the money was awarded for, 683 new houses were used and a further 61 empty properties were filled.

Council leader David Renard (Con, Haydon Wick) said: “House building is very important with many people looking to buy and the council, along with the government, recognise Swindon is a very good area for development.

“There is a definite need across the country for new houses and we are committed to playing our part.

“We have bought a number of empty properties back into use but that is not a major problem across the town. The council’s stock of houses is almost always full.

“The majority of this money is for building new houses.”

Due to previous payments the council had some idea of the amount it was going to be given so a portion of the funds has already been allocated to maintaining normal services.

The usage for the remainder of the money has yet to be decided. Discussions will soon take place as what to do with the extra cash.

While it could be used to pay off building debts, some of the money could be used towards local projects.

Coun Renard said: “We have been aware that we would be getting some money through this scheme so we have made some provisions. About £2 million has been designated to the revenue budget to keep the council services going.

“There are a number of options available to us. We can use it to pay off some of the loans used to build things such as schools to help improve the council finances or we could put it towards an entirely new project.

“Nothing has been decided yet so we will sit down and think about it carefully.

“It is nice to be in a situation where we have money to spend so it is important we are sensible.”

Comments (12)

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4:31pm Thu 19 Dec 13

house on the hill says...

"""“It is nice to be in a situation where we have money to spend so it is important we are sensible.”"""

That will be a first then!
"""“It is nice to be in a situation where we have money to spend so it is important we are sensible.”""" That will be a first then! house on the hill

4:44pm Thu 19 Dec 13

matt71 says...

Put it towards the new art gallery and museum something that will have long term benefit to the town.
Put it towards the new art gallery and museum something that will have long term benefit to the town. matt71

5:14pm Thu 19 Dec 13

Spurs Fan says...

How about some low cost starter homes to give youngsters a chance to get on the ladder?
How about some low cost starter homes to give youngsters a chance to get on the ladder? Spurs Fan

6:39pm Thu 19 Dec 13

LordAshOfTheBrake says...

The money should go towards some of the missing infrastructure in the areas where those homes were built.

Then again £5m isn't going to go very far given the ineptitude of the council in allowing the developers to get away with what they have in both the North and South development areas.
The money should go towards some of the missing infrastructure in the areas where those homes were built. Then again £5m isn't going to go very far given the ineptitude of the council in allowing the developers to get away with what they have in both the North and South development areas. LordAshOfTheBrake

6:51pm Thu 19 Dec 13

villageoldman says...

Go a small way to cover the debt the Front Garden has cost.
Go a small way to cover the debt the Front Garden has cost. villageoldman

7:48pm Thu 19 Dec 13

beach1e says...

this council will only waste it and put it towards folly and area where money is already thrown and wasted at. what about putting money towards things that may benefit those few people that don't get free anything? how about towards infrastructure that this council has already had money for but chose to divert to other areas?
this council will only waste it and put it towards folly and area where money is already thrown and wasted at. what about putting money towards things that may benefit those few people that don't get free anything? how about towards infrastructure that this council has already had money for but chose to divert to other areas? beach1e

8:30pm Thu 19 Dec 13

Tyran66 says...

I predict SBC will buy "magic beans".
I predict SBC will buy "magic beans". Tyran66

8:35pm Thu 19 Dec 13

chalklands says...

Ha, Ha, Ha...
The inept Swindon Council gets money for making more homes available! On top of the houses in Swindon's front garden, the Coate Water development, North Swindon, East Swindon, West Swindon, the Even Swindon school site, the old Burmah Castrol site, the Locarno site ..... Will the extra revenue these homes produce, and this £5m be spent on infrastructure and services? Will our council tax be reduced? I doubt it. It'll probably be spent on housing benefit, so the new homes can be filled! Well, the local elections are here soon....
Ha, Ha, Ha... The inept Swindon Council gets money for making more homes available! On top of the houses in Swindon's front garden, the Coate Water development, North Swindon, East Swindon, West Swindon, the Even Swindon school site, the old Burmah Castrol site, the Locarno site ..... Will the extra revenue these homes produce, and this £5m be spent on infrastructure and services? Will our council tax be reduced? I doubt it. It'll probably be spent on housing benefit, so the new homes can be filled! Well, the local elections are here soon.... chalklands

9:26pm Thu 19 Dec 13

Empty Car Park says...

I'm going to wait for Ollie to reassure us that Swindon Borough Clownschool will invest wisely.......

And then get lots of thumbs up for doing so ;-)
I'm going to wait for Ollie to reassure us that Swindon Borough Clownschool will invest wisely....... And then get lots of thumbs up for doing so ;-) Empty Car Park

10:28pm Thu 19 Dec 13

Itssomewheretowork says...

Perhaps £500,000 for the green collection so that we can all have the service without paying out for wheelie bins or the additional charges the council want to make.
OK we can dream
Perhaps £500,000 for the green collection so that we can all have the service without paying out for wheelie bins or the additional charges the council want to make. OK we can dream Itssomewheretowork

6:50am Fri 20 Dec 13

house on the hill says...

Spurs Fan wrote:
How about some low cost starter homes to give youngsters a chance to get on the ladder?
What makes them a special case then, what about those who have worked for years and still cant afford anything? we should stop this grossly unfair system of propping up housing and helping certain groups and have a fair system, put everyone on the same playing field and let them make their own choices in life, house, marriage, kids, pension, drinking and smoking etc. way to much meddling by do gooders R Us, where is the incentive to improve yourself and work harder if you just get it on a plate? Leave the housing market alone and it ill fall back to where it should be.
[quote][p][bold]Spurs Fan[/bold] wrote: How about some low cost starter homes to give youngsters a chance to get on the ladder?[/p][/quote]What makes them a special case then, what about those who have worked for years and still cant afford anything? we should stop this grossly unfair system of propping up housing and helping certain groups and have a fair system, put everyone on the same playing field and let them make their own choices in life, house, marriage, kids, pension, drinking and smoking etc. way to much meddling by do gooders R Us, where is the incentive to improve yourself and work harder if you just get it on a plate? Leave the housing market alone and it ill fall back to where it should be. house on the hill

9:44am Fri 20 Dec 13

Always Grumpy says...

I can't wait to see what Renard and Co. waste this money on, as no doubt they will. Their record of incompetence will surely see to that.
What happened to the £8 million they have already received? Where did that go?
I can't wait to see what Renard and Co. waste this money on, as no doubt they will. Their record of incompetence will surely see to that. What happened to the £8 million they have already received? Where did that go? Always Grumpy

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