Quote:
|
Originally Posted by Scarlett
Well apart from the beer and wine and petrol (in September) I'm no worst off. as I've mentioned before, the raise that was given to the stamp duty won't cut any ice here...
Edit: actually I'll take that back as our house has been valued at around 115K-120K we will slip in just below the new threshold this should make it easier to sell  |
thats pretty cool for you but in the majority it wont be. I doubt today you will still be in the same position you or your houses previous owner was in when stamp duty was increased to 60k.
I bought my house for 44k today its worth about 130-140k. Taking into account I bought during the low even then at a high it would have been 10k under stamp duty, so with todays increase it should have been 20k below or so of the new threshold.
Its past prudence and robbing the public that has enabled todays upgrades so to speak and those upgrades really arent giveaways as Im not in the same position I was 10 years ago, Im worse of and so would anyone wanting to buy my house shud I decide to sell in the future.
Theres 2 facts here with stamp duty. more houses even after todays threshold increase will be over that threshold which is a tax *increase*, on top of that house prices have increased and by bundles == a double boner for labour shafting the public up the jacksy