The National Housing Federation (NHF) has welcomed the government’s pre-budget report that money for social houses will be brought forward, but called for the funding rules to be changed immediately. The NHF said that unless money is used to pay builders of new social homes higher grant rates, the supply of new affordable housing could
Alistair Darling announced details of the pre-budget report yesterday. Besides increasing pension credit, income support and jobseeker’s allowance, a number of measures were specified to help homeowners. The recently announced £200 million mortgage rescue scheme where the government buys a home and then rents it back to the former owners, which will help up to
This afternoon chancellor Alistair Darling will announce the pre-budget report that is expected to introduce tax cuts, including cutting VAT from 17.5 per cent to 15 per cent, while increasing government spending, in a boost to get the economy back on its feet. Also expected to be announced are a series of measure to stem