The Budget and housing: key points
- The headline – stamp duty abolished for first-time buyers on properties up to £300,000
- In London, the stamp duty holiday extended to the first £300,000 of a £500,000 property
- 100% council tax on empty properties
- compulsory purchase of land banked by developers for investment purposes
- a new homelessness task force
- a new housebuilding target, of 300,000 homes a year, by mid 2020s.