£2.4m. more for social housing

MORE than £2.4m. has been raised for social housing from the sale of 10 former States houses on the Petit Bouet Estate.

Last year, 16 properties were put on the market, ranging in price from £225,000 to £265,000.

By the end of 2009, 10 had been sold. Five are under offer.

Housing minister Dave Jones was pleased with the amount of money raised.

'I think selling these homes was a sensible decision and they have raised a substantial amount of money, despite the current state of the property market,' he said.

The money will go towards the Corporate Housing Programme, which helps fund the development of new social housing by the Guernsey Housing Association.

Deputy Jones said the department was unlikely to sell any more of its properties.

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