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    • agrinnall
    • By agrinnall 4th Jul 13, 5:06 PM
    • 22,650 Posts
    • 18,635 Thanks
    agrinnall
    • #2
    • 4th Jul 13, 5:06 PM
    • #2
    • 4th Jul 13, 5:06 PM
    Doesn't really help those of us selling now though does it? In fact, it could make things a lot worse, if buyers decide to wait until the new rates have been introduced. And in 2 years time who knows what the political and constitutional make-up of the country will be, and what impact that will have on house prices - there could be a slump as people leave the country, or inflation due to returning Scottish diaspora, or the status quo may still apply.
    • edinburgher
    • By edinburgher 4th Jul 13, 5:11 PM
    • 11,485 Posts
    • 61,395 Thanks
    edinburgher
    • #3
    • 4th Jul 13, 5:11 PM
    • #3
    • 4th Jul 13, 5:11 PM
    In fact, it could make things a lot worse, if buyers decide to wait until the new rates have been introduced.
    That's a fair point - we'd like to move to a house at some point and would certainly rather pay nothing than the current rates.
    • Heng Leng
    • By Heng Leng 4th Jul 13, 7:04 PM
    • 4,702 Posts
    • 1,533 Thanks
    Heng Leng
    • #4
    • 4th Jul 13, 7:04 PM
    • #4
    • 4th Jul 13, 7:04 PM
    People generally move for a reasons other than Stamp Duty and it will only really make a large difference around the current 0%, 1% and 3% price plateaus.

    I doubt independence [or not] will make a bit impact on the housing market. Most of the issues affecting Scotland already emanate from the EU or the Scottish Parliament; Westminster is basically an anachronism.
    Doesn't really help those of us selling now though does it? In fact, it could make things a lot worse, if buyers decide to wait until the new rates have been introduced. And in 2 years time who knows what the political and constitutional make-up of the country will be, and what impact that will have on house prices - there could be a slump as people leave the country, or inflation due to returning Scottish diaspora, or the status quo may still apply.
    Originally posted by agrinnall
    • HAMISH_MCTAVISH
    • By HAMISH_MCTAVISH 5th Jul 13, 6:35 PM
    • 26,044 Posts
    • 59,368 Thanks
    HAMISH_MCTAVISH
    • #5
    • 5th Jul 13, 6:35 PM
    • #5
    • 5th Jul 13, 6:35 PM
    Good news.

    Should get rid of the distortions around the stamp duty thresholds.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
    • gazter
    • By gazter 5th Jul 13, 8:13 PM
    • 919 Posts
    • 717 Thanks
    gazter
    • #6
    • 5th Jul 13, 8:13 PM
    • #6
    • 5th Jul 13, 8:13 PM
    if the proposal is revenue neutral, its hard to see how the increases for the larger value properties makes up for the reductions for the much more numerous smaller properties.
    • WellKnownSid
    • By WellKnownSid 5th Jul 13, 10:16 PM
    • 1,032 Posts
    • 779 Thanks
    WellKnownSid
    • #7
    • 5th Jul 13, 10:16 PM
    • #7
    • 5th Jul 13, 10:16 PM
    House Prices
    Halifax..........: June +0.6% (MoM) +3.7% (YoY)
    Nationwide.....: June +0.3% (MoM) +1.9% (YoY)
    Land Registry..: May +0.1% (MoM) +0.5% (YoY)
    Scams - First Time Buyer Strike, HousePriceCrash, Don'tBuy
    Originally posted by HAMISH_MCTAVISH
    Love the new signature... seems, erm, strangely familiar...
    • HAMISH_MCTAVISH
    • By HAMISH_MCTAVISH 5th Jul 13, 11:16 PM
    • 26,044 Posts
    • 59,368 Thanks
    HAMISH_MCTAVISH
    • #8
    • 5th Jul 13, 11:16 PM
    • #8
    • 5th Jul 13, 11:16 PM
    Love the new signature... seems, erm, strangely familiar...
    Originally posted by WellKnownSid
    Yep, just a little fun for the weekend.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
    • tacotaco
    • By tacotaco 8th Jul 13, 8:12 PM
    • 1,115 Posts
    • 29,350 Thanks
    tacotaco
    • #9
    • 8th Jul 13, 8:12 PM
    Mr
    • #9
    • 8th Jul 13, 8:12 PM
    Should get rid of the distortions around the stamp duty thresholds.
    Originally posted by HAMISH_MCTAVISH
    Yeah, right. All they've done is add about 20 new stamp duty threshold distortions. I don't think this is what Martin had in mind when he wrote about The UK's Worst Tax. The should increase the tax on the marginal, not the absolute values. Stamp duty is still broken.
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