Wed 23 Nov 2016
Today was the Autumn statement and Chancellor Phillip Hammond in his speech delivered announced a 2.3 billion housing infrastructure fund, aiming to build 100,000 new homes in areas of high demand & £1.4 billion to fund 40,000 affordable homes by 2020/21 In his speech he said “delivering the housing we so desperately need in the places where it is currently least affordable is not a new one. But the effect of unaffordable housing on our nation’s productivity makes it an urgent one".
He addressed the MPs telling them “we will focus government infrastructure investment to unlock land for housing".
And the much-anticipated Housing White Paper - expected by some to be published today - would be published "in due course".
These measures will have a positive impact on the housing sector.
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