Esato Forums - General discussions : Non mobile discussion : Procterdc's Estate Agency Thread

Index Menu

> New Topic
> Reply
< Esato Forum Index > General discussions > Non mobile discussion > Procterdc's Estate Agency Thread - Questions answered Bookmark topic

procterdc Posts: 334

Some free and impartial advice from esato's very own estate agent lol

If you are planning on buying a house between now and new year, do it as soon as possible! The government have announced that the stamp duty holiday finishes on 31st Dec 2009.
The stamp duty changed from properties over £125,000, to over £175,000 to give ppl a bit of a tax break during the recession. This is going to revert back to £125,000 end of Dec.

Stamp duty comes in three percentages; 1% if over £175,000 (changing back to £125,000)
3% if between £250,000 and £500,000
4% if over £500,000

Q: You're talking gobbledegook, what does this actually mean?
A: If you buy a house now for £150,000 you are stamp duty exempt. If you buy the property for £150,000 after Dec 09, you will have to pay that £1,500 to the government)

So if you are thinking of buying a property between £125K and £175K in the next few months, do it now and screw the government, before they can screw us more lol

[ This Message was edited by: procterdc on 2009-09-04 11:02 ]

--
Posted: 2009-09-03 14:14:58
Edit : Quote

Nanu Posts: > 500

Surely you mean:

Stamp duty comes in three percentages; 1% if over £175,000 (changing back to £125,000)

Or am I truly confused?
--
Posted: 2009-09-03 18:25:42
Edit : Quote

procterdc Posts: 334

It was a trick haha, I meant to put that lol

I shall amend it now
--
Posted: 2009-09-04 12:01:51
Edit : Quote

New Topic Reply