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Anyone else worried about a U-turn on stamp duty?

9 replies

Pumpkinsandhotchocolate · 04/10/2022 10:39

Have exchanged on a Jodie but don’t exchange until November. Very worried the govt could u-turn on the stamp duty reductions like they did on the 45% tax… anyone else concerned?

OP posts:
StillNotWarm · 04/10/2022 10:42

If you have already exchanged,you were planning on paying the stamp duty, and the reduction is a bonus.
Dont spend it until you've completed.

Bedsheets4knickers · 04/10/2022 11:32

I must admit , it's crossed my mind . We are close to exchange but not quite there yet .

mynameiscalypso · 04/10/2022 11:34

I think it's unlikely. The 45% tax rate was so unpopular. The stamp duty hasn't really provoked much outrage.

MrFirstTimeBuyer · 05/10/2022 11:51

No, it's negligible difference anyways.

user26189065 · 05/10/2022 11:58

I doubt it, there had been no outrage about it and it does help those at the bottom end of the market and FTBs

DeadHouseBounce · 05/10/2022 12:21

user26189065 · 05/10/2022 11:58

I doubt it, there had been no outrage about it and it does help those at the bottom end of the market and FTBs

Not with mortgage rates hitting 6% it doesn`t, it is of no use to most FTB now, the best thing would be if they made the seller pay it, wonder if they will?

Bodgejobvendors · 05/10/2022 12:23

I think it’s extremely unlikely. There’s no outrage about stamp duty.

Depending on your circumstances it may be quite a small saving anyway.

waffless · 10/10/2022 21:18

The seller to pay for the stamp duty. Bloody thieves. I paid for the stamp duty when I bought so you can fuck off.

AuntSalli · 10/10/2022 22:20

waffless · 10/10/2022 21:18

The seller to pay for the stamp duty. Bloody thieves. I paid for the stamp duty when I bought so you can fuck off.

Ignore the troll

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