The new Chancellor has unbridled the self-imposed shackles of the former Conservative regime and is certainly going for broke. Even if it means that borrowings will increase.

Although there was precious little detail as to the planning reforms by the Truss/Kwarteng partnership, I am sure that a much-needed hatchet will not be far away from these archaic practices before too long.

The bold Stamp Duty changes, at the lower end of the market, will greatly assist first time buyers, however, it’s all very well boosting demand but supply needs to increase commensurately otherwise the vulnerable will get further disenfranchised as values ‘go nuts’.

Where were the extensions to Help-to-Buy which has greatly assisted the purchasing of affordable homes?

Releasing surplus government land is a welcome measure but an ingenious funding mechanism to mandate the building of new affordable homes would have been welcome, to kick start the process of dwindling supply.

I agree with the Shadow Chancellor that the ‘greedy snouts’ of the speculators should be heaved from ‘the trough of avarice’ and, as such, I hope the Chancellor will ingeniously restrict these Stamp Duty ‘Red Cross parcels’ to genuine primary first time buyers.

Although the draconian SDLT rates at the higher end were left alone, which are particularly irritating to foreign buyers, I can understand the Chancellors reluctance to reduce these, even if it produced more revenue. Looking after the privileged is not a good look for the new regime.’