Budget? What budget?

GracesGranMk2.
In 1964 as a married couple and after living with parents for two years and with a six month old child, and not a cat in hells chance of getting a council house, dh and self scraped enough to put a deposit and obtain a mortgage to buy a 2 bed house. The wifes earnings were not taken into consideration.We struggled.No tv, no car,no holidays abroad nothing like what most see as their rights in 2017. There was no garden in which our growing child could play the second bedroom was a mere box room no central heating But it was ours.My question is what are first time buyers looking for 2017?
My present home would have been way out of our league in 1964 and I frequently get asked the question how did you afford this ?My answer large oaks grow from small apples.Your first property may not be all you desire but you have to start somewhere.At least its a roof over your head you can call your own.

This isn’t a Brexit thread.
When have all the people been happy about what is in a budget?
Is there a golden year somewhere I have missed?
Ever since the 1960’s ( when I first noticed Budget Days) there have always been moans about it, no matter who is in power at the time.
And will no doubt go on being the same for evermore, since no Budget can please everybody.

The stamp duty changes will do zero for the housing crises. It will simply increase house prices.

What we have is a crises of supply. To cure the crises we need more housing.

First developers have to be persuaded to build. Land banked has to be released. Affordable houses must take priority.
LAs should start a social housing building programme.
The rented sector needs overhauling and rent cap introduced.

Ain’t going to happen is it?

I too would like an answer to Whitwaves question. Where is all this money coming from? I cannot see a Benefit to Brexit at all at the moment just untold misery for years to come.

Nothing can be done about brexit, the country voted

No houses here for under £125,000.

gillybob we live nowhere near London but you would be hard pushed to find a home under the £125,000 stamp duty threshold, so I hope that some first-time buyers will now be helped.

£3bn set aside for Brexit and 700 million already spent.

Can a brexiter please enlighten me how the Hades, now that it is becoming clear the devastation being caused to our economy any of it is worth it?

What would 3bn buy us? That is just the start.

Just as an aside add in the 1bn bribe to the DUP.

I can never understand why successive governments encourage growth in the SE, when all they do is complain about how overcrowded and expensive it already is.

Blimey lemon only you could ignore the elephant in the room and make such optimistic noises about a budget that makes clear that Britain is permanently and substantially poorer.

I don't think you would find a property for sale in my town for £500,000 lemon and not many for £300,000 either.

Well, you asked for it Elegran and you got it.

No stamp duty for first time buyers up the £300,000 and £500,000 in London, seems good to me, and hardly helping ‘the rich become richer’.
Also money for nurses pay to increase.
Fuel duty frozen
It was seen by political pundits as a generally cautious
budget, but with some loosening of purse strings all round.
Negotiating Brexit is hardly the time to go mad with public money, and we may see a more generous budget next year.
Moaning about budgets has been a national sport for untold numbers of years.

Wouldn't it be great if we could get Parliament to reject this budget to reflect the will of the people?

Look where the "will of the people" has got us so far though RosemarySuperager

I can't honestly believe what we have gotten ourselves into with regards to Brexit. Setting aside £3bn which could do so much good for so many people and all for what?

I can already see companies mothballing projects that were planned to go ahead. We know of at least 2 large employers in the North who are moving some of their manufacturing out of the UK and is that just the tip of the iceberg?

It seems that in private forums like this one, that there is a lot of criticism of the government. Wouldn't it be great if we could get Parliament to reject this budget to reflect the will of the people?

I feel so worried for the future of my family, as all the measures seem designed to increase the riches of the rich and to take from the poor.

Loved that cartoon posted earlier in this thread - it's seems so accurate.

Now heard several comments about how the NHS is being starved to pay for Brexit . £2.8bn for NHS and £3bn for Brexit (and I imagine it will not stop there).

I am not happy with the cut in stamp duty for first time buyers up to £300,000 !

In my part of the country £300,000 is a massive amount of money and not in the reach of most first (or indeed second) time buyers. This would have been much farer if it had been for all purchasers not just first time buyers which could free up some of the smaller more affordable homes for first time buyers.

I would have also like to see some genuine help to encourage growth and employment for small businesses in the more deprived areas. Something like the reduction in employment tax (other wise known as employers NI) for SME's which can be crippling.

Elegran- the confusion about having a budget in November may be due to the fact that it used to be an "Autumn Statement", with the Budget in March.

It is more sensible to have a budget in November as there isn't enough time in March to get any measures to be included in the Finance Bill passed in time for the new financial year starting in early April.

I still can't work out how an "aspiration" for building 300K houses a year by the mid-2020's can be achieved without further measures, but perhaps they are included there somewhere. Such measures could include allowing councils to build and taxing owners of land with planning permission left empty after 3 years or cancelling the planning permission after that time.

Some radical changes need to be made, but IMHO the only radical change this Government can focus on is Brexit.

The Tories have pulled their usual trick of stoking the housing market to create a bubble which the media will report as a recovery while we all wait for it to burst or slowly deflate as Osborne's pre-election housing bubble did. Nothing to help those most in need.

The consensus seems to be that this was a budget for the party and not the country or the economy.

Twice welcome in that case winterwhite I do love the exchange of information we get on here and there are several people with really in depth knowledge in some areas.

Just caught something on the UC. David Gauke to give a statement in parliament. The journalist confirmed the waiting time will be reduced from six weeks to five but this doesn't come into effect until February. Housing Benefit will continue to be paid for first two weeks but this doesn't come into effect until April. So those people who were going to have a rotten Christmas because of UC will still have a rotten Christmas.

In the budget book, but not in the speech, the government has confirmed their will be a slow down in the roll-outs. Pressure has obviously worked to some extent.

I think the Government should be ashamed that Social Care in this country is on its knees and they are ignoring the plight of many elderly people (my mother among them) who are suffering because of inadequate care caused by lack of funding. It really is a national scandal and many families are bearing the brunt.

Thank you GracesGran. Yes I am new. Interested in politics, esp future of social care, and fervent Remainer. Wish I knew more about Scottish affairs but am learning through these posts! Much of this we knew was coming, or rather wasn't coming. Something that esp irks me is using the wretched stamp duty relief as a claim that they are helping the younger generation. Nothing to help the 'free childcare' fiasco, or schools or children's social care.... well, nothing for anybody.

The thing I don't get is why a small majority colluded with this government in only making cuts. Now I am listening to Hammond saying "the problem is our productivity" over and over again. They were being told, from day one, that, as well as holding the spend on everyday items to the amount of income they were getting they must invest in capital projects such as infrastructure, teaching and training, encouraging company investment in technology, etc. It is not rocket science. You can quite justifiably borrow for these areas; you always could, nothing has changed. That will increase the income into the government for everyday spend. Other countries do it and the books will balance.

The Tories promised they’d balance the books by 2015 but they keep pushing their deadline back.
After seven years of painful austerity and a decade of deadlines, when will it end?