Lovell response: 2017 Autumn Budget
“We welcome the measures announced by the Chancellor today to get more homes built and assist more people into home ownership.”
“We’re encouraged by the focus on unlocking development on potential housing sites that are now lying empty.
Our own research, highlighted in the recent Localis report, suggests this could play an important part in tackling the under-supply of new homes.
We’ve particularly drawn attention to the amount of public land that’s unused, which is a big issue for the wider business. Much is in areas of high housing demand and could provide sites for the new homes that are so urgently needed. We very much hope that Oliver Letwin’s review will also investigate this issue.”
– Lovell managing director, Jonathan Goring