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Will the Budget Bring about Stamp Duty Change?

Will the red box bring joy to us homebuyers!! (and will it be instantaneous!!)

Stamp Duty Budget Change? 44 votes

Yes
15% 7 votes
No
84% 37 votes
«1

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The revenue will have to be found from somewhere else.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Can't really see much benefit to a poll when we'll know the answer in a few hours anyway. And there's a thread already on the go that has been discussing this for the last few days.
  • ging84
    ging84 Posts: 912 Forumite
    Part of the Furniture Combo Breaker
    best polls i've seen on a forum in ages
    a simple yes / no
    rather than a bunch of complicated catagories which are still never all encompassing

    in less than a day we can see if we were right or wrong

    it's not looking good though so far, 90% no
  • yoshiyella
    yoshiyella Posts: 610 Forumite
    Part of the Furniture 100 Posts
    Voted an optimistic YES!
    Hoping so as we are 2 weeks into buying a £275,000 house! Even if it is a 1% up to £250,000 and then 3% on anything after would be great for us!
  • Think I might vote after 12:30.

    Undoubtedly it would be nice given the silly house prices in Surrey, even as a first time buyer it's quite likely to effect me.

    Then again, perhaps I'd be losing a bargaining chip to push the price of a house down to 250k.
    *Assuming you're in England or Wales.
  • ging84
    ging84 Posts: 912 Forumite
    Part of the Furniture Combo Breaker
    I don't see it happening, there was a slight rumour 6months ago about it
    then since, very little
    it will be a big suprise if it happens this budget
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    despite buying a bit too near 250k threshold, i don't think the housing [STRIKE]bubble[/STRIKE] market needs further stimulus at the moment, so I'd vote no.

    There are much better things for the govt to spend our money on.
  • Does anyone know if the stamp duty did change or not?
    £176,000 January 2014
  • Does anyone know if the stamp duty did change or not?

    It didn't. Well only that if you why a house over 500k through a company you'll pay 15% stamp duty.

    Dull budget. Dull in that there was nothing for me:D
  • john_white
    john_white Posts: 545 Forumite
    Dull budget. Dull in that there was nothing for me:D

    You don't have an income, savings or pension? The welfare cap may impact you then.
This discussion has been closed.
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