Sadly although Chancellor Osborne once again asserted that his party were “the builders”, today’s budget largely ignored the housing crisis. The best that can be said is that there bit was a commitment of £115 million to help the homeless and rough sleepers, who must be the…Read more…
Sharp fall in construction output as house-building slumps
Construction output fell -2.6% between December 2014 and January 2015, the fourth monthly decline in the past six months. The main factor behind the decline in January was a sharp fall in house-building of -5.1% on the month. There has been only one la…Read more…
Autumn Statement 2014 stamp duty give away will do nothing to solve the housing crisis
Many eyes will be on the stamp duty tax cuts announced in the autumn statement today, but this will do little to address the UK’s entrenched housing crisis. A very unpalatable truth for supporters of the current government is that total home ownership has declined in every year since 2008….Read more…