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Visionary Finance - Autumn Statement comment

23 November 2023

Quote from Hiten Ganatra, MD of Visionary Finance re Autumn Statement:

"There has been no respite for millions of households since the start of the cost of living crisis and so reducing the national insurance burden for many should be welcomed as a step in the right direction, especially as inflation pressures seem to be easing.

"The initiatives announced today to help release land for house building, plus the support to improve planning process and permitted development to convert houses into flats is a welcome effort to reanimate the house building sector. Whether these measures go far enough is debatable and more long term Government initiatives are needed to address housing shortages across the UK, especially in the affordable housing sector to enable more to own their first home."