The new mortgage deposit scheme and the stamp duty tax holiday extension comes as welcome news to buyers and estate agents (images - Google maps and stock) THE NEW Budget has been welcomed as "great news" for the Bournemouth housing market, according to estate agents. In the Chancellor's Budget announcement Rishi Sunak set out two main policies that are expected to benefit both the property market and buyers. During the first lockdown the market briefly shrunk and house prices dropped. However the sector has since bounced back at a record rate and will continue to do so with the new Budget that was revealed yesterday.