CML publishes Budget wish-list

Publishing its proposals ahead of the Budget next week, the CML says changing fiscal policy now would make the housing market more flexible enable make the market more responsive to future changing demands. A priority for the CML is recognition that home ownership is the "most cost-effective tenure in the UK". It wants more grants to be handed out to support low-cost ownership, and more flexibility to enable people to move down as well as up the property ladder "as circumstances allow". And it wants reform of existing subsidy systems to further remove inequalities between tenants a...