Mortgage Force managing director Rob Clifford says it will make a very significant difference to first time buyers but it was the minimum change we could have expected in Brown’s budget today.
London & Country’s James Cotton says a rise to £150,000 would have been a more radical step in the right direction.
He says: “It is good something has been done and the pressure on the Chancellor has definitely paid off. I would describe it as a good compromise.”
Chancellor Gordon Brown said : “The change to stamp duty will help hundreds of savers.”