Countdown to the Budget

Freakbro · 22 Nov 2017 at 13:38

Marky said:
I'm at work so can't watch it - Keep me posted!

See my edit

Sui · 22 Nov 2017 at 13:38

£300k cap on house price, zero stamp duty for first time buyers, woohoo

Greebo · 22 Nov 2017 at 13:39

Well that will keep the house prices up anyway., Not sure it solves anything tbh

balky12 · 22 Nov 2017 at 13:39

BYTEr said:
I bloody hope not, I just spent £1500 on stamp duty less than a month ago! Unless of course he's planning to refund it for those that have paid it less than a month ago!

£1500! I paid £7,500 for my first house!

malachi · 22 Nov 2017 at 13:39

booyaka said:
How embarrassing is the conduct of some of the MP's -= constantly shouting/interrupting etc. It's like a bunch of 5 year olds!

Always has been.

Greebo · 22 Nov 2017 at 13:39

Stamp duty only on £200k or a property up to £500k as well.

Marky · 22 Nov 2017 at 13:41

Freakbro said:
See my edit

Hell freakin' yes!

Thanks bud

Really happy it's from now on - Was worried it was going to be like from Dec 2018

Rotty · 22 Nov 2017 at 13:41

What was previous threshold?

Stretch · 22 Nov 2017 at 13:41

Sui said:
£300k cap on house price, zero stamp duty for first time buyers, woohoo

It was the right thing to do.

Rotty said:
They have done in past when there's been a change.

Have they?

Stretch · 22 Nov 2017 at 13:41

Rotty said:
What was previous threshold?

£125k

chief barker · 22 Nov 2017 at 13:42

My eldest son moves into his new flat in two weeks but hasn't paid anything yet, will he still have to pay the stamp duty?

Rotty · 22 Nov 2017 at 13:42

Stretch said:
Have they?

Yes or I wouldn't have said it

Freakbro · 22 Nov 2017 at 13:43

Rotty said:
What was previous threshold?

125k I think, which all other buyers will still have to pay of course

poosemon · 22 Nov 2017 at 13:44

how do they define first time buyer? If we sold a property so have no property to our name and then bought another property (sale->purchase were months apart) does that count as a first time buyer?

Uther · 22 Nov 2017 at 13:44

Housebuilding company shares tumbling on news of a landbanking enquiry

Freakbro · 22 Nov 2017 at 13:44

chief barker said:
My eldest son moves into his new flat in two weeks but hasn't paid anything yet, will he still have to pay the stamp duty?

Probably not, but will have to check

Freakbro · 22 Nov 2017 at 13:44

Uther said:
Housebuilding company shares tumbling on news of a landbanking enquiry

That was a big stick overall he waved at the construction industry

Greebo · 22 Nov 2017 at 13:44

Stretch said:
It was the right thing to do.

Really? No stamp duty up to £300k and minimal up to £500k? Thats just going to stoke up the housing market again. Houses are too expensive as it is.

Freakbro · 22 Nov 2017 at 13:45

poosemon said:
how do they define first time buyer? If we sold a property so have no property to our name and then bought another property (sale->purchase were months apart) does that count as a first time buyer?

What do you think? Is it the first time you've bought a house?

SDK^ · 22 Nov 2017 at 13:46

chief barker said:
My eldest son moves into his new flat in two weeks but hasn't paid anything yet, will he still have to pay the stamp duty?

The chancellor announces he is abolishing the charge from today.