Tuesday, November 12, 2024
Home Community Housing industry Budget reaction: London renters and first-time buyers facing woe

Housing industry Budget reaction: London renters and first-time buyers facing woe

by News Room
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While Rachel Reeves’ autumn statement stressed it was going to support vulnerable people and working people, the reaction of the property industry suggests that people struggling with renting and trying to get onto the property ladder are going to find life particularly difficult.

Here are some thoughts from the industry.

“Hiking stamp duty on homes to rent when 21 people are chasing every rental property makes no sense,” says Ben Beadle, Chief Executive of the National Residential Landlords Association.

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