Brown’s Budget addresses cost of home loans

Homebuyers have received a boost from Gordon Brown today after he doubled the threshold for stamp duty. The chancellor increased the threshold from £60,000 to £120,000 in his ninth Budget announcement, making it theoretically easier for first time buyers to take out their first home loan. But some in the housing industry have expressed a desire for the level to have been increased even further, particularly as the change will have limited effect in the south of England.  Peter Bolton King, ch