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Stamp Duty - Budget 2010
Comments
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MissMotivation wrote: »It looks as if I'm going have to eat my words :rotfl:
Rumours are that Stamp Duty is going to only kick in on transactions over £250,000!
For first time buyers only.0 -
If this happens, when would it apply from?0
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If it doesn't happen, when would it not apply from?0
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I know it's unlikely (haven't seen anything mentioned on this so far), but will this affect stamp duty rates on properties above 250k? Completing on April 1st so a little April Fools' present would be nice!0
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From midnight tonight!!!!
I had an offer accepted yesterday
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300 000 000 loss in duty on ave0
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For first time buyers only? How on earth will they police that?
What is the definition of a first time buyer?
What if you sell your house, move into rented for 6 months and then buy another house?0 -
Shiny suits taste good, nomnomnom. How can it be just for FTBs though? As RLH says, how will they police it? Confused.Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.0
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For first time buyers only? How on earth will they police that?
What is the definition of a first time buyer?
What if you sell your house, move into rented for 6 months and then buy another house?
Just called my solicitor and asked exactly that question. We have each owned in the past but neither of us has since Feb 2009; we've rented since and it's taken us till now to find a place to buy. We are now buying a £231k property.
She thinks (she hasn't had the full rules through yet) we'll still have to pay. She reckons it'll exclude anyone who has ever completed on the purchase of a property (and apparently they can check that out).0
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