What Alistair Darling's Budget means for the property market

[Tony]

The fear among homeowners that they might lose their homes was high on the Chancellor?s list of priorities in his Budget speech. Alistair Darling also acknowledged the need to stimulate the housing market to promote wider economic recovery, stumping up millions of pounds of taxpayers? money as a profit-sharing stake in the housebuilding industry and as incentives for buyers. Ultimately, measures to help the market now will result in more revenue from property taxes later. This has fallen drastically over the past year. However, not everyone is convinced that the Chancellor did enough. Has he helped you?

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