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About Me

Found 3 results

  1. http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/12019894/Buy-to-let-stampede-ahead-of-stamp-duty-hikes.html
  2. Guest

    Did we dodge a bullet?

    Hola amigos, newbie here. Been following HPC but never really had much to contribute, guess now I do So after a long and painful search we finally found something and made a conditional offer on a new development outside London in Zone 7, the condition being developer SDLT contribution. The offer was readily accepted and so we began the proceedings. Everything was going smoothly until Mr. Hammond struck last week in the budget, seemingly for FTBs but clearly in favour of his builder and bank pals. Our distraught developer called us back, thru the (his?) EA, to let us know that his SD
  3. I've just had a buyer pull out after 4 (!) months. I was just about to exchange contracts & move into a cottage that I'd set my heart on. So, I rang the agent, explained my situation & told them that I could get a let to but on my current house so as not to lose the new property. Vendors were ok with this. Then, after further investigation, I discover that the stamp duty surcharge applies whenever you buy a second property - even if it's going to be your primary residence & , in my case, it's a whopping £10k extra & I just can't afford it. I know you can claw it back i
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