The Confederatin of British Industry (CBI) has urged the Chancellor to boost the housing market in this week’s Budget.
They believe that it is critical to the economy, offering both social and economic benefit. Among the announcements they want to hear are measures to benefit first and second-time buyers, support for householders refurbishing homes and for smaller house builders struggling to access finance.
The CBI has also called for 50,000 new affordable homes by injecting £1.25 billion of capital investment through the affordable homes programme.