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More drivel from Allslop. It's almost comical.
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Posts: 3,858 Forumite
THE TV HOMES GURU
KirstIe Allsopp, presenter of C4’s Location, Location, Location
I really wish that in the pre-Budget report Alistair Darling had done something dramatic for the property industry. Instead of reducing VAT by 2.5 per cent across the board, he should have removed it completely from certain key trades relating to property – on builders, electricians and plumbers, for example.
People don’t realise that the housing market is at the core of our economy – our houses are everything to us. We have 70 per cent home ownership in this country.
What’s happening at the moment is that there is a terrible stagnation in the housing market. It doesn’t matter if prices come down as long as people still buy and sell but they’re not doing that.
There was never a vast national benefit in house prices rocketing in the way they did.
A steady, sustainable rise would have been a good thing but the Government put its hand in the pot when it allowed stamp duty to go up so high. My first flat cost me £72,000. I paid one per cent stamp duty on that: £720.
That flat was worth £325,000 a year ago. The person buying it had to pay three per cent: more than £9,000, half a decent deposit.
No wonder stagnation set in. The cost of moving became prohibitive. When this Government came to power, stamp duty revenues were around £900million. Eighteen months ago they were nearly £7billion.
So, yes, the credit crunch has affected the housing market but that market should have been calmed long before then. The Government didn’t do anything because it was making so much money from property prices being so high.
Buying and selling houses should be as cheap as possible as far as relief and taxes are concerned.
Things aren’t going to improve until someone does something to genuinely boost transaction levels and restore confidence in the market – not prices but confidence.
We need people like MPs to go out and buy property and say: “I am prepared to invest my money in a UK property because I believe it is a solid and sound long-term investment.
Still banging on about Stamp Duty:rotfl:, does she have any idea how ridiculous she sounds.
KirstIe Allsopp, presenter of C4’s Location, Location, Location
I really wish that in the pre-Budget report Alistair Darling had done something dramatic for the property industry. Instead of reducing VAT by 2.5 per cent across the board, he should have removed it completely from certain key trades relating to property – on builders, electricians and plumbers, for example.
People don’t realise that the housing market is at the core of our economy – our houses are everything to us. We have 70 per cent home ownership in this country.
What’s happening at the moment is that there is a terrible stagnation in the housing market. It doesn’t matter if prices come down as long as people still buy and sell but they’re not doing that.
There was never a vast national benefit in house prices rocketing in the way they did.
A steady, sustainable rise would have been a good thing but the Government put its hand in the pot when it allowed stamp duty to go up so high. My first flat cost me £72,000. I paid one per cent stamp duty on that: £720.
That flat was worth £325,000 a year ago. The person buying it had to pay three per cent: more than £9,000, half a decent deposit.
No wonder stagnation set in. The cost of moving became prohibitive. When this Government came to power, stamp duty revenues were around £900million. Eighteen months ago they were nearly £7billion.
So, yes, the credit crunch has affected the housing market but that market should have been calmed long before then. The Government didn’t do anything because it was making so much money from property prices being so high.
Buying and selling houses should be as cheap as possible as far as relief and taxes are concerned.
Things aren’t going to improve until someone does something to genuinely boost transaction levels and restore confidence in the market – not prices but confidence.
We need people like MPs to go out and buy property and say: “I am prepared to invest my money in a UK property because I believe it is a solid and sound long-term investment.
Still banging on about Stamp Duty:rotfl:, does she have any idea how ridiculous she sounds.
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Comments
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please no personal abuse towards people yiou have NEVER MET¬!
btw why do so many people have usernames staring "ad-"?
Also who is that in your picture?0 -
please no personal abuse towards people yiou have NEVER MET¬!
btw why do so many people have usernames staring "ad-"?
Also who is that in your picture?
1. I don't see any abuse written towards anyone I haven't met.
2. My name is Adam, so 'ad' seems a reasonable username.
3. It's Kristen Bell.
Anything else ?????0 -
Never met, but thrusting out of a tv regularly.Happy chappy0
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This seemed to start from nowhere... did I miss some TV Property !!!!!! tonight?0
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9 grand is half a decent deposit on a £325k house? :eek:0
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Krusty Allcrap is an ignoramus of the highest order. How did this fool get on TV?0
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just wanted to post as my name begins with ad0
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THE TV HOMES GURU
KirstIe Allsopp, presenter of C4’s Location, Location, Location
People don’t realise that the housing market is at the core of our economy –
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I'm on my second mortgaged property and I've still never paid stamp dutyMortgage | £145,000Unsecured Debt | [strike]£7,000[/strike] £0 Lodgers | |0
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