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Leading online estate agent, eMoov.co.uk provides their reaction to today’s disgraceful first Budget by Chancellor Hammond and his complete lack of housing initiatives.

Zip. Nada. Zilch… Nothing….

A bitterly disappointing, lacklustre Budget by Mr Hammond in terms of addressing the current UK housing crisis. It is clear he is continuing the head in the sand approach of those before him in bypassing the issue, with a few headline-grabbing business initiatives and the usual proclamations about how great the economy is currently performing.  

Ironic that a former property developer should give the subject such inadequate focus within his plans and woeful for those aspirational buyers on the ground still dreaming of getting on the ladder.

The issue of housing has become the final coat of gloss on recent budget announcements, mentioned in passing to tick the boxes of a “well rounded” economic plan, but equating to little more than aesthetic fluff.

A lot of focus on the NHS and how they are the party of the NHS. Does NHS stand for No Housing Speech.

A real shame Mr Hammond hasn’t put his mind to solving backlash around the revaluation of business rates. There is an underlying feeling of angst throughout the population surrounding this uncertainty and he would have done well to use his first Budget as a platform to quell these feelings, but has in effect, chosen to sidestep the issue.

Russell Quirk

Founder & CEO, eMoov.co.uk