Prospects for the UK housing market in 2017

There’s a lot of negative talk about the UK housing market. Not enough homes, very little that’s affordable, and bad conditions for tenants are just some of the complaints. They’re all true, of course – and that’s been rather a depressing thought for homeowners and renters alike. But is 2017 likely to be any different? We’ve looked at the forecasts and policy changes on the horizon and picked out the factors that could change things one way or another next year. The need for new homes UK chancellors haven’t had great success when it comes to housebuilding. However, Philip Hammond has had positive feedback from the Royal Institution of Chartered Surveyors who said his current plan – announced in the Autumn Statement has legs. Next year we will see attempts to unlock land for housing. There will also be a £2.3bn housing infrastructure fund designed to help establish the infrastructure for new homes. Money is also being funnelled into the creation of more affordable hous
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