Overall there’s more good than bad for the property industry in this Budget, and the Chancellor appears to have avoided last year’s mistake of announcing half baked policies, like the 15% stamp duty rate. Liz Peace, chief executive, BPF
In these tough times it’s a shame there were no changes to the business rates system. With no action on a rates freeze, attention needs to turn to the bureaucratic appeals process and how the system can better support rate payers. Don Baker, chairman of rating, CVS
The Chancellor’s decision to cut corporation tax to a symbolic 20% is a welcome and progressive step that will make companies more likely to want to base themselves here in the UK and give them the confidence to invest in job creation. Colin Wilson, head of UK and Ireland, DTZ
A lack of affordable mortgage availability remains the biggest constraint on housing supply. Government must be praised for its attempts to stimulate activity, but must also be wary to get the details right. Stewart Baseley, executive chairman, HBF
Every house built generates 1.5 jobs directly and a further four jobs in other stages of the supply chain, so any measures that stimulate house building will act as a catalyst for the wider economy. Mark Collins, chairman, CBRE Residential
We welcome the healthy five fold increase in the Build to Rent fund. This will undoubtedly assist a sector that is struggling severely. However more direct intervention is required to facilitate the delivery of schemes stalled by significant infrastructure costs. Gerry Hughes, senior director, GVA
