BudgetOct 31 2024

'Budget still fails to grapple mortgage affordability issues'

Tony Hall

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'Budget still fails to grapple mortgage affordability issues' — Chancellor Rachel Reeves pledged £5bn for housebuilding in her Budget but failed to include any policies to help lenders to a greater share of high loan-to-income lending

While there were some positive references in the Budget for the housing market, especially pledging £5bn for housebuilding, it felt once again like an afterthought.

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'Budget still fails to grapple mortgage affordability issues'

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