HQN Blog - The Budget that forgot housing

To be honest, the housing world wasn't holding its breath. Following hot on the heels of the government's housing white paper and funding commitments already outlined in the Autumn Statement, it was always unlikely that housing would be a key focus of Philip Hammond's Spring Budget. The fact it barely even got a mention, however, was a little surprising. For the record, 'housing' was mentioned ten times in the official Budget documents, all relating to previous announcements or in tables about Housing Benefit. Murmurings, more in hope than expectation, about the Budget providing rent certainty for housing associations post-2020 were wide of the mark although this has been promised in the white paper so expect an announcement sometime in the near future.

09 March 2017 PDF (307kB)
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HQN Blog - The Budget that forgot housing

To be honest, the housing world wasn't holding its breath.

Following hot on the heels of the government's housing white paper and funding commitments already outlined in the Autumn Statement, it was always unlikely that housing would be a key focus of Philip Hammond's Spring Budget.

The fact it barely even got a mention, however, was a little surprising. For the record, 'housing' was mentioned ten times in the official Budget documents, all relating to previous announcements or in tables about Housing Benefit.

Murmurings, more in hope than expectation, about the Budget providing rent certainty for housing associations post-2020 were wide of the mark although this has been promised in the white paper so expect an announcement sometime in the near future.

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