Two UK areas to enjoy house price ‘upward growth’ as levelling up plans announced.

Managing Director of Sirius Property Finance, Nicholas Christofi, was more hopeful of the new housing plans.

He said: “It’s great to see the Government’s intent to support SMEs by making them the focus of their levelling up plans.

“The agile and adaptable nature of these smaller house builders should pay dividends when it comes to improving the prosperity of our nation.

“That said, there’s no ‘new money’ in today’s loan announcement of £1.5 billion and so let’s hope that the Government continues to provide support to SME house builders on an ongoing basis, not just via a few initial, headline grabbing gestures.”

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