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Stamp duty cut from today
Comments
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It's such a miniscule amount when you are talking about such a huge amount needed to buy a home. Nothing to get excited about I'm afraid.
I disagree, I'd rather £5k in my pocket than the government's.I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com0 -
I know I'll have to check with a financial professional but would anyone know If we would benefit from this having exchanged but not completed yet?0
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Yes. Only completion counts.Dougall321 wrote: »I know I'll have to check with a financial professional but would anyone know If we would benefit from this having exchanged but not completed yet?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.0 -
whatdoyouthink... wrote: »Is this just in England??
Scotland doesn't have Stamp Duty anymore.
We have LBTT0 -
Although we benefit personally I'm skeptical that this will actually help get people on the ladder. For us (and probably quite a few other FTB) it's a welcome addition to the furniture/ DIY budget but not the difference between buying and not.0
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Crossing my fingers this is correct..."the UK government said that a planned cut to stamp duty land tax for first time buyers will apply in Wales up until April 2018 when the tax is devolved."0
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whatdoyouthink... wrote: »Crossing my fingers this is correct..."the UK government said that a planned cut to stamp duty land tax for first time buyers will apply in Wales up until April 2018 when the tax is devolved."
Doesn't help us in england out though!!!
[STRIKE]1/12/16 - £152,599.00 [/STRIKE]
[STRIKE]11/11/17 - £145,990.00 [/STRIKE] <> Overpaid £3916.
11/11/18 - £142,074.00
Barclays Car (5.99%)£0/£8,832.370 -
Interestingly the OBR believe this won't help FTB but actually people selling their homes. Presumably because people will now raise their house price assuming FTB can now afford more0
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Solicitor says we can't get a refund since we completed and paid it this morning 0
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armstrong1955 wrote: »Solicitor says we can't get a refund since we completed and paid it this morning
See if you can raise a complaint to HMRC. Could potentially work.[STRIKE]1/12/16 - £152,599.00 [/STRIKE]
[STRIKE]11/11/17 - £145,990.00 [/STRIKE] <> Overpaid £3916.
11/11/18 - £142,074.00
Barclays Car (5.99%)£0/£8,832.370
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