Sunday, 4 November 2018

Budget 2018: Housing

The Treasury has issued a summary of housing related measures announced in the Budget on 29 October 2018, including:
• a new Help to Buy Equity Loan scheme that will run from April 2021 for 2 years
• extending Stamp Duty Land Tax relief for first time buyers to purchases of all qualifying shared ownership properties
• further investment to deliver more homes, including an extra £500m for the Housing Infrastructure Fund
• confirming that the Housing Revenue Account cap that controls local authority borrowing for house building will be abolished from 29 October.
Read the full briefing on the Treasury website.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752109/Housing_web.pdf

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