Chancellor's Autumn Statement

Rory Daly comments in The Birmingham Post on what he sees as the urgent policy decisions needed for the Housing sector.

"Rory Daly, joint managing director of property agents CPBigwood:

The Government must do two things if the property sector is to maintain its recovery - keep interest rates low and encourage the banks to lend more. Some banks have been more active. We need that maintained and hopefully improved. Nobody wants the banks to go back to lending irresponsibly, but we do need them to relax their criteria. The banks say they are lending but too many have, in fact, little intention of doing so and are merely paying lip service to Government entreaties. Overall this year has been better than the previous two - there are positive signs to build on."