The National Association of Estate Agents (NAEA) has urged George Osborne to use his first Budget to boost the housing market.

The association set out three pledges that it has called on Mr Osborne to make in the so-called ‘Emergency Budget’. These are a commitment to hold a long term review of Stamp Duty, to ensure lending criteria for home buyers is “sensible”” and responsible and to explore introducing fiscal incentives to attract more first time buyers into the market.