Autumn Statement commits £1.4bn to build 40,000 homes

AS broadly predicted, Chancellor Philip Hammond moved to act on the housing shortage with his Autumn Statement pledge to invest £1.4bn into a building programme for 40,000 affordable homes.

He also unveiled £2.3bn in infrastructure support for 100,000 homes in “areas of high demand”.

Hammond also promised to broaden the scale of the Government’s Right to Buy scheme and to continue support the Help to Buy scheme and the Help to Buy ISA.

“This will more than double ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...