Wednesday, April 22, 2009

Housing boost expected from Budget

Budget 2009: boost for housing expected

The Government is expected to unveil a £1 billion package to help boost the housing market and beleaguered construction sector in the Budget.

Posted by davidmchristopher @ 12:08 PM (1414 views)
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7 thoughts on “Housing boost expected from Budget

  • little professor says:

    Stamp duty threshold to remain at £175,000 until the end of the year.
    £80million for the HomeBuy direct shared ownership scheme.
    Scrappage scheme – £2000 subsidy when you trade in a car over 10 years old

    It’s all a bit meh.

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  • japanese uncle says:

    This reminds me of the story of a mad scientist who tried to revive a corpse by infusing blood. Weird.

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  • Just heard Daling dupe the pensioners (and it appeared the entire House of Commons)
    when he announced that pensioners would get a 2.5% increase which would be a true increase against 0% RPI figures.
    How many pensioners do we know with a mortgage ?
    As mentioned here yesterday RPIX (which I assume is RPI without mortgage payments) is 2.4%. & CPI 2.9%.

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  • little professor says:

    I’m not a fan of Cameron, but he’s completely taking Darling apart at the moment. Great performance.

    “Based on the Chancellor’s forecasts, this wouldn’t be a U-shaped recovery, this would be a trampoline recovery”

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  • little professor says:

    Top rate of income tax increased to 50% for those earning over £!50,ooo
    2% increase in tax on alcohol and cigs.
    Fuel duty escalator reinstated.

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  • little professor says:

    Cameron comparing the scrappage scheme to the labour party –
    Get rid of a 10 year old banger, clapped out, out of scheme, ready for the knacker’s yard – what a good idea!

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  • At current house prices a recovery is not possible and Darling knows. Credit scoring is completely diffrent today that it was back in 2007. However it makes sense to keep building new homes.

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