Spring Statement: Planning reform to drive GDP growth, predicts OBR

News

No taxing announcements today - but fresh Office for Budget Responsibility forecasts expect a big boost to housebuilding, with residential transaction volumes & property values also climbing over the next five years.

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News

Measures announced in Jeremy Hunt's 'Autumn Statement for growth' include a new Permitted Development Right that could allow the conversion of any house into two flats, provided the exterior is unchanged.
Feature

Tax cuts have been welcomed, but industry insiders wanted to see more interventions to boost property transactions.
Feature

Inheritance Tax payments will more than double over the next ten years, suggests the Institute for Fiscal Studies, as it pitches a significant rejig of the death tax regime.