The UK Budget Speech 2021 | What does this meaning for the UK Housing Market?

March 4, 2021

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The UK Budget Speech 2021 | What does this meaning for the UK Housing Market?

On the 3rd of March 2021, Rishi Sunak addressed the Nation on the UK’s economic recovery plan and announced several measures to continue stimulating the various sectors. The UK economy is anticipated to rebound 4% this year, after contracting in 2020, and is forecast to reach pre-crisis levels by as early as mid-2022. A return to normal, post-vaccinations, and continued government fiscal support largely underpin a positive trajectory for the UK housing market.

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