Quote:
Originally Posted by pop80_uk
Thats the thing though, whilst im really pleased for the first time buyers (I was there myself only a couple of years ago), two things annoy me....
1) Where is the first time buyer who can afford £250K ? or get a mortgage for that amount!
2) Why just first time buyers? We are stepping up from a sub 100K house to around £135K, that extra £1300 would have been really handy in our pockets
Why could it be no stamp duty for everyone
Oh well
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My son is buying his first house at the moment and will be £1500 better off as a result of this budget which is great but the stamp duty isn't really the stumbling block for most people in his position.
He is one of the lucky ones who has had a Bank of Mum and Dad to help him with the deposit which is, I am sure, what stops most first time buyers getting their first home rather than the stamp duty. I would have liked to see something done in this area as well.