06 Mar 2024

The Mortgage Works responds to Spring Budget

In response to today's Spring Budget: 

Damian Thompson, Director for The Mortgage Works said: “The Chancellor’s announcement of tax changes highlights the ongoing need for a comprehensive plan that covers all types of renting. The current piecemeal approach means we lack a clear pathway to tackle the range of complexities faced by both tenants and renters. By establishing a cohesive strategy for all tenures, the government would be better placed to implement policies that lead to more homes becoming available, help landlords offer long-term tenancies as well as support other economic activities. The private rental sector is crucial for the economy by providing homes to those who can’t or would not prefer to own a home.”