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Budget 2020: full coverage

All our Budget 2020 news, commentary and analysis in one place

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All our #Budget2020 news, commentary and analysis in one place #ukhousing

Shared ownership Right to Buy likely to be applied to all rented homes funded under £12bn programme The government is looking at allowing tenants renting homes built through the new Affordable Homes Programme the right to shared ownership of their homes

Fire safety costs ‘could still hit development pipelines’ despite £1bn fund Concerns remain in sector despite cladding removal fund

Budget 2020: an improvement on recent years but questions remain Jules Birch gives his verdict on the first post-Brexit Budget

Housing figures react to ‘positive’ Budget announcements for sector Reaction from key sector figures to the measures unveiled

The housing bits of Sunak’s speech in full Read the key passages from the chancellor’s speech to the House of Commons

PWLB rates for social housing cut to pre-hike levels The cost for councils of borrowing to fund social housing will fall

Budget 2020: the key housing measures at a glance An at-a-glance guide to the key Budget announcements for the sector

Chancellor announces additional £12bn for Affordable Homes Programme Sunak announces the largest affordable grant programme in years

£650m fund to tackle rough sleeping Sunak promises to fund 6,000 new places

£1bn Building Safety Fund to removal cladding The government pledges money to make all buildings safer

Housing secretary to announce planning reforms Ministers will set plans to reform the planning system on Thursday

Government to spend £12m a year tackling benefit fraud Extra cash will be available for councils to tackle benefit fraud

 

Pre-budget coverage:

 

What should the housing sector look out for in today’s Budget? Pete Apps runs through the issues the sector should be looking out for

The housing sector is right to feel anxious about tomorrow’s Budget The government has indicated that its main focus with regard to housing policy is homeownership. The sector should be nervous about what this means for its spending priorities, writes John Perry

What the sector wants from the chancellor James Wilmore sifts through the submissions from the sector’s biggest players to find out what they want from today’s Budget

Conservative MPs urge chancellor to use Budget to build more social housing A group of 27 Conservative MPs and the mayor of the West Midlands have written to chancellor Rishi Sunak ahead of the Budget statement to urge him to allocate more money to building social housing

How this Budget will signal the government’s direction of travel on housing With the first post-Brexit Budget due, Kate Henderson, chief executive of the National Housing Federation, assesses the issues on which the sector has been lobbying


Read More

Putting the rents up: why are 94% of social landlords planning for a maximum rent rise?Putting the rents up: why are 94% of social landlords planning for a maximum rent rise?
Robert Jenrick has said he wants ‘a significant increase’ in social rent homes. He must deliverRobert Jenrick has said he wants ‘a significant increase’ in social rent homes. He must deliver

Budget 2020: housing measures at a glance

  • A new Affordable Homes Programme of £12bn
  • A £1bn Building Safety Fund to remove unsafe cladding from buildings
  • £650m of funding to help rough sleepers into permanent accommodation
  • £400m for ambitious regional mayors to build homes on brownfield sites
  • Promise to announce measures to change the planning system tomorrow
  • A 1% cut on the Public Works Loan Board interest rate, used by local authorities to fund housebuilding
  • A temporary removal of the minimum income floor (which calculates assumed earnings for self-employed people) in Universal Credit as part of the government’s response to coronavirus
  • £200m for communities in areas that repeatedly flood
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