Autumn Statement: Government must engage to support industry, homebuyers and the job market

In light of the Autumn Statement 2022, the Home Builders Federation calls on government to engage with the home building industry to deliver against its ambition of 300,000 new homes, and protect the economic and social benefits developments bring.

Stewart Baseley, Executive Chairman of the HBF, says: “Despite the clear threats to supply levels, and the associated impact on the social and economic benefits of building new homes, there is little in today’s statement to assist housing delivery.”

Baseley adds: “We would urge the Government to engage with industry and look to develop policies that will support demand for new homes and address the acute constraints we face.”

Baseley ends: “The Autumn Statement was a missed opportunity and whilst Government may be nervous about the politics of new housing, intervention is crucial to the prospects for first-time buyers and the millions of jobs supported by the industry.”.

Read the Autumn Statement 2022 member briefing.

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