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Commercial Credit News
|Comment from Just Mortgages: Autumn Statement|
|Wednesday, 25 November 2015|
John Phillips, national operations director at Just Mortgages says, “It is promising to see that the Chancellor is tackling the ‘crisis of home ownership’ head on, with plans for private developers to build 400,000 new affordable homes by the end of the decade. It is clear that these so-called ‘starter homes’ for first-time buyers are being introduced to help reverse the long term decline in housing building.
“This housing boost is undoubtedly a positive step in the right direction as building more genuinely affordable homes to buy is still absolutely imperative to our economy. It will be particularly interesting to hear more about how the government is going to assist builders and developers in order to meet these ambitious targets.”
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