Spring Budget Disappointment in Housing Industry Following Chancellor Philip Hammond Announcement

Share Article

Budget announcement leaves dissatisfied sentiments throughout the UK housing industry.

online estate agents

online estate agents

The budget announcement ignored a number of important topics, which have been deemed as crises by the government itself, yet were stepped over. Most notably, the housing market.

Following the Spring Budget announcement from Chancellor Philip Hammond, there is an air of widespread disappointment across the property industry due to the lack of housing initiatives from start to finish.

Although some economists have since projected potential house price growth based on changes to other economic policy, the lack of any solid plans to address the UK housing crisis has left a sour taste in the mouth of struggling UK buyers.

Founder and CEO of eMoov.co.uk, Russell Quirk, commented:

The budget announcement ignored a number of important topics, which have been deemed as crises by the government itself, yet were stepped over. Most notably, the housing market. Not one mention of housing was addressed, except in passing when discussing education.

In the past years, the Conservative government have continued to ignore the issue of housing in the UK, other than a few recycled Help to Buy initiatives. So we can only believe that these plans are nothing more than them combing over the surface to appease people, but without any intention to act.

With a property background, it is surprising that the Chancellor would completely evade the housing crisis. Instead, comforting the British people of a strong economy and new taxation schemes.”

Since 2009 over 15,000 customers have trusted eMoov with their home sale. eMoov has built empowering technology to assist people in towns and cities all across the UK. Their award winning team of professionals and estate agents are vital to a successful home sale. To learn more about the latest property and home value trends or to learn about eMoov's online estate agent services visit https://www.eMoov.co.uk today.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Damon Burton
eMoov
+1 855-736-6285 Ext: 1
Email >

Damon Burton
Visit website