Calmness and consolidation: what the affordable housing sector needs from Burnham’s first Budget

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Paul Hackett explains why a low-profile Budget that protects what the social housing sector has previously secured would be a good thing

The Autumn Budget on 28 October has been pitched as one to steady the ship following a period of political and economic flux. Maybe this is exactly what the housing sector needs.

After last year’s momentous spending review, the past few weeks have seen the waters become a little choppier. Questions have been raised about the sustainability of existing spending commitments given acute pressure on the government finances. Homes England’s most recent round of grant allocations left several housing associations disappointed. And the Conservatives’ recent proposal to freeze social housing rents has brought up painful memories of just how short-lived the previous ten-year rent settlement was.

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