Just Mortgages comments on Autumn Statement
17 November 2022
John Phillips, national operations director of Just Mortgages said: “The budget may seem like a non-event where the housing market was concerned with stamp duty and planning remaining the same. However, it was arguably just what was needed. With the rest of the economy changing around us, the housing market will now benefit from stability rather than further changes.
“With inflation at 11% the housing market may continue to slow for some time but even then house prices are unlikely to be less than they were even a year ago. Now it is time for brokers to address the cost-of-living issues with their clients, ensuring that all their clients have protection in place and reaching out proactively to carry out financial reviews to ensure that their clients are in the best financial position they can be.”
