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Stamp duty - rebate for those who have bought recently?
Comments
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We completed on Friday. I feel sick after seeing this today. After Darling ditherings whether to do it have meant that our completion has come just before this. I feel completely let down by a government who claims to be trying to help 1st time buyers.
An absolute disgrace if there is no rebate!!!
:mad: :mad: :mad: :mad:Started Comping December 2008.
Dec: Wall-E DVD £12.99, Jan: Nothing, Feb: Lord Voldemort 19' figurine approx £50
This Will Be Mine Member 381 : (ITV Cash, Holiday, BluRay/PS3)
Thanks you everyone who posts on here :beer:0 -
As someone rightly says above, if you start doing refunds how far back do you go? It's bound to make some people angry, but if you are, you've been assessed as not being an important voter in the next election, statistically.
I paid some stamp duty in 2005, and i'd love to have that back, but i am realistic enough to understand it ain't gonna happen.Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery0 -
stevederby wrote: »We completed on Friday. I feel sick after seeing this today. After Darling ditherings whether to do it have meant that our completion has come just before this. I feel completely let down by a government who claims to be trying to help 1st time buyers.
An absolute disgrace if there is no rebate!!!
:mad: :mad: :mad: :mad:
That's a tough one, but the people this is aimed at are the ones who can't afford it. That doesn't include you as you bought without assistance. You have my sympathy though.
Edit to add that also on Friday you ceased to be a 1st time buyer and became a houseowner.This is an open forum, anyone can post and I just did !0 -
stevederby wrote: »We completed on Friday. I feel sick after seeing this today.
Why? You were happy to buy, knowing what the stamp duty was, and knowing house prices are falling off a cliff....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
I'm also in a situation where the contracts have been exchanged but the completion date is not until the end of September.
My solicitors are saying it only applies to matters in which exchange of contracts has not yet taken place. Does anyone know if this is correct and is there any official website which may back up ginvzt's comments?0 -
Some good news for thosewho have exchanged but not completed, I emailed the treasury and got this reply:
hi and thank you for your enquiry. I can confirm the increased exemption levels effective from 3 September are based on the completion date.
regards
Enquiry Unit
H M Treasury0 -
lkk88 please tell me you typed that out from the email and forgot the capitals... anyone else appalled otherwise?!0
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nope that was copied from the email - bad isnt it!
I just hope it is correct, wont be impressed if not.
Maybe they have been inundated with similar emails this morning??0 -
We completed on Friday. I feel sick after seeing this today
Look at it this way, you stand to see more than a 1% loss in the value of your house over the coming year, but you still decided to go ahead in the current market (presumably because you bought a home not an investment). Most it can hurt is £1,750, small beer in the big picture of house prices over the coming years.
The upside is that if this trick works, the market in your sector (sub £175000) is going to be lifted so you may actually end up being better off if you have to sell in the short/medium term.
If you bought your house then a near neighbour had theirs on for £10k less, would it hurt as much?Signature on holiday for two weeks0 -
I too am annoyed about this, as completed my sale and purchase 2 weeks ago (brought for £175,000), but I accept that there will be no rebate - that's life I'm afraid. Just wish they had announced it a bit earlier!0
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