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New Stamp Duty Threshold
koexelek
Posts: 7,847 Forumite
up to £175 from £125k for one year only apparently
I am a Mortgage adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
Comments
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B*gger, I wanted it to be raised to 160K so that the houses currently out of my reach at 170K would drop....
... These are interesting times, but I feel its just prolonging the inevitable.0 -
That's a bit how it read for me: "Government to force through all house sales at £175,000"B*gger, I wanted it to be raised to 160K so that the houses currently out of my reach at 170K would drop....
... These are interesting times, but I feel its just prolonging the inevitable.
http://news.bbc.co.uk/1/hi/uk_politics/7592852.stmThe government estimates half of all property transactions will now be exempt from stamp duty - up from one third when the threshold was £125,000.
But where the tax is charged it now starts at '£1750' doesn't it? More intelligence and less kicking the stable door is required in the longer term.....under construction.... COVID is a [discontinued] scam0
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