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Deprived areas and stamp duty on second homes

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  • kingstreet
    kingstreet Posts: 39,258 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bluebirdman_of_Alcathays wrote: »
    Crikey - no wonder I'd never heard of it. 2001!

    Still seems a little perverse - £150k would have bought you a very, very nice house back then.
    2001 when it started, but as reported it did last 12 years.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
    marksoton wrote: »
    Why ever would it not be!????


    Presumably because few people would want a second home in a deprived area. By and large second home owners want them to be in areas that are safe/pretty/etc.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    moneyistooshorttomention wrote: »
    Presumably because few people would want a second home in a deprived area.
    I'd have thought plenty of BtL landlords would be buying in those deprived areas.
  • Dan-Dan
    Dan-Dan Posts: 5,278 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ^^ spot on , obvious really Money
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
    The OP used the words "second home". Therefore I responded re "second homes". Obvious really....
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