【Colliers】UK Residential Data Shot October 2018

The Chancellor announced his last budget before the UK leaves the EU in March 2019. The Autumn Budget saw very few new additions to the plans already proposed in the Spring Statement earlier this year. The latest proposals include:

• £500m for the Housing Infrastructure Fund, to support the building of 650,000 more homes

• Lettings relief limited to properties where the owner is in shared occupancy with the tenant

• New partnerships with housing associations in England to deliver 13,000 homes

• Guarantees of up to £1bn for smaller house-builders