Matty
Well-Known Member
Would you believe it, a government change that actually benefits me?!!
As of midnight tonight stamp duty is changing, you now pay nothing on the first £125k, but 2% on any extra between £125k and £250k.
So, for example, if you buy a £150k house, under the old scheme you paid 1% of the £150k, so £1,500 stamp duty. However, under the new scheme, you pay nothin on the first £125k, and then 2% on the remaining £25k, so £500 stamp duty, a saving of £1k!!
As I'm moving house on the 15th December this deal has just saved me the best part of £1000!
Tories are still twats though.
http://www.bbc.co.uk/news/uk-politics-30291460
As of midnight tonight stamp duty is changing, you now pay nothing on the first £125k, but 2% on any extra between £125k and £250k.
So, for example, if you buy a £150k house, under the old scheme you paid 1% of the £150k, so £1,500 stamp duty. However, under the new scheme, you pay nothin on the first £125k, and then 2% on the remaining £25k, so £500 stamp duty, a saving of £1k!!
As I'm moving house on the 15th December this deal has just saved me the best part of £1000!
Tories are still twats though.
http://www.bbc.co.uk/news/uk-politics-30291460