comments on the 2009 Budget
Key Highlights:
* Stamp duty holiday for properties under £175,000 extended until the end of 2009
* Homeowner Mortgage Support Scheme widened to include those in negative equity
* £400m gap-equity funding to restart stalled developments
* Extension to HomeBuy Direct shared equity scheme by 10,000 properties
* Additional funding for social housing including £100m for [...]

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Property buyers appear to have understood the Bank of England message to be more conservative with their spending. However, asking prices are still not coming under control, widening the gap between the expectations of buyers and sellers.
There are signs of a healthier market, as one would expect in the Spring. But it is still very [...]