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Budget 2021: what do the changes mean for homebuyers?
Hilary Osborne and Rupert Jones
© Provided by The Guardian
Photograph: Graeme Robertson/The Guardian
When the chancellor, Rishi Sunak, announced his budget on Wednesday, he talked about the government’s goal of turning generation rent into “generation buy”. The measures he outlined to help would-be homebuyers had been heavily trailed – an extension to the stamp duty holiday he launched last year for England and Northern Ireland, and a new UK scheme to bring back 95% mortgages. But the budget documents brought more detail. We have looked at the small print to see what the measures will mean for homebuyers. ....

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