Pre Budget report submission <br> <br> In November HBF submitted its recommendations to Treasury regarding support to the housebuilding industry that it would like to see implemented in the Pre Budget Report. These include: <br> <br> Continuation of government stimulus measures: HomeBuy Direct, Kickstart and an increase in the stamp duty threshold to £250,000 which should apply for another year More support for first time buyers The introduction of a government mortgage indemnity guarantee scheme (MIG) Support for the private rented sector “Our key message is that the housing market performed better than what we would have expected a year ago,” said John Stewart, HBF’s director of economic affairs. “The government’s initiatives have played a part here. But the recovery is fragile and needs to be nurtured. It would be very unfortunate if the government was to withdraw its measures.” Industry is also keenly anticipating within the Pre Budget Report a follow up to its promise within 2009’s Budget to set out a strategy to ease the burden of regulation on land values. The government originally stated that it would report before the Pre Budget Report. “The government’s input here will give us a significant indication of how seriously it …