Rishi Sunak today announced what he termed a “£24bn multi-year investment in housing”, although the majority of the measures (see box below) had been announced previously. These included the £11.5bn affordable homes programme, a £5bn building safety fund, details of the £2bn residential property developer tax and a £1.8bn fund for housing on brownfield land announced on Monday.

Many welcomed the confirmation of the affordable housing programme and funding for brownfield development.