Stamp Duty Incentives

ScorpiondeRooftrouser

michaelm67 wrote: »

There's so much negativity here, some people spend WAY too much time on here.

I'm in the same position as you OP, exchanged contracts but not yet completed. The Builder's incentive was to pay stamp duty, relief was given last Wednesday which was great.

I come on to this forum and the same people say the same things, you're no worse off, some people want it all, how can you expect money back etc.

I went back and politely asked the builder if they could put the money towards other things as a good will gesture, they came back and said they were happy to do that. So I have saved myself a significant amount of money just by asking, yet if I was to take everything that was on here as gospel, all the relief would be doing is saving the builders money, not the intention!

What do you think is so "positive" about your post? They have already politely asked the builder, and their builder said no. What have you said there that's possibly going to help them?

emilya93

Hi,
I am currently in exactly the same position as you. The money that Barrats will save from the changes announced in the budget will literally be straight profit. This is money that could have gone to the government and be put to much better use.
The BBC Radio 4 Program "You and Yours" discussed this exact issue, and on the program their journalist confirms that Barrats have agreed to pass on all savings to the buyers, t This is available on iplayer and is mentioned within the first 10 mins,
I have challenged this with Barratts but they say that this is incorrect, which means somebody at Barrats has lied to the press.

Rmac1982

I’d check again. Our builder originally refused point blank to pass on any of the SD savings to us however....... just had a voicemail to say that the balance will be given to us in cash.

There’s a lot of people genuinely asking for advice and a lot of negative responses. It’s obviously not such a stupid thing to suggest is it