Housing Live - the Autumn Budget 2018 as it happened
Live updates about the Autumn Budget and what it means for housing, from our award-winning blogger Jules Birch
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Housing Live - the Autumn Budget 2018 #ukhousing
Key Budget measures for housing:
- £500m in housing infrastructure fund to unlock a further 650,000 homes
- The next wave of strategic partnerships with nine housing associations which will deliver 13,000 homes
- British business bank guarantees for SME house builders
- ’Simplification’ of process to convert commercial properties to new homes
- Providing funding to empower 500 neighbourhoods to allocate homes to local people in perpetuity
- Help to Buy Equity Loan scheme extended two years to 2023 and limited to first time buyers
- Retrospective inclusion of first time buyers of shared ownership in the stamp duty relief