We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Stamp duty threshold should be £200k for everyone campaign
pault123
Posts: 1,111 Forumite
Hi guys,
how many of you think it would be a good idea for me to start a downing street online campaign for £200k stamp duty threshold for everyone?
Going off the average UK house price (£158k ish i think)this would help a far greater proportion of people than the currently planned First Time Buyers £250k threshold.
:money:
how many of you think it would be a good idea for me to start a downing street online campaign for £200k stamp duty threshold for everyone?
Going off the average UK house price (£158k ish i think)this would help a far greater proportion of people than the currently planned First Time Buyers £250k threshold.
:money:
0
Comments
-
I agree :beer:0
-
i dont! i am a FTB ha haBeen away but now i am back!
0 -
I think it should be on size of property not price to make it fair across the country - perhaps all one and two bed flats (which tend to be starter homes or occupied by the grey brigade) could be exempt for anyone with a residential mortgage? Up here you could practically buy a mansion for £200K!! :rotfl:Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
-
I think that they should have changed this ages ago to be a blanket ruling rather than only for first time buyers so yes OP, I agree.
I very much doubt that no stamp duty being applicable will make much difference to FTB's in any case and certainly no difference to the housing market unless the banks start loosening up a bit with their lending criteria.:smileyhea0 -
Stamp duty for all is fairer.0
-
I think only above £250k for everybody would be ideal0
-
Hi guys,
how many of you think it would be a good idea for me to start a downing street online campaign for £200k stamp duty threshold for everyone?:money:
No we need the tax revenue and your idea will increase house price inflation:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
0 -
-
It should be £200K as we looking at houses around this price lol!!!
WHERE??? I want one lol!!!:rotfl:
Admittedly I was exaggerating
but since you ask ....
Five bed period property £230K
http://www.rightmove.co.uk/property-for-sale/property-21713815.html
Four bed with swimming pool, £225K
http://www.rightmove.co.uk/property-for-sale/property-14538463.html
Six bedrooms, £220K
http://www.rightmove.co.uk/property-for-sale/property-24481024.html
Six bedrooms, £210K
http://www.rightmove.co.uk/property-for-sale/property-28293458.html
Five bed townhouse overlooking a park, £200K
http://www.rightmove.co.uk/property-for-sale/property-13404003.htmlDeclutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0 -
I believe that stamp duty should be tiered, like income tax.
It is ridiculous that £1 over the threshold results in SD on the whole amount, instead of just the part above the threshold.I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards