Zzzzzzzzzzzzzzzzzzzzzzzzzz Posted July 16, 2008 Share Posted July 16, 2008 http://www.knightfrank.com/news/directnews...move_01178.aspx Quote Link to comment Share on other sites More sharing options...
Matt Bear Posted July 16, 2008 Share Posted July 16, 2008 Don't buy now you might miss out on a stamp duty holiday! Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted July 16, 2008 Share Posted July 16, 2008 what about all the lost tax revenue? Oh dear, this is getting ugly Quote Link to comment Share on other sites More sharing options...
R K Posted July 16, 2008 Share Posted July 16, 2008 reportedly thinking of undertaking measures to ease the stamp duty burden A 1% price fall takes care of it for them. Quote Link to comment Share on other sites More sharing options...
cells Posted July 16, 2008 Share Posted July 16, 2008 So dropping 1% of the cost of buying a house is going to save the market, because the market is overvalued by 1% right?? Still I would favour the removal of the 1% stamp duty band. Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted July 16, 2008 Share Posted July 16, 2008 excellent. NOW Kristy won't have any more arguments. I don't think it will make any difference. The housing market is dead anyways. Quote Link to comment Share on other sites More sharing options...
council dweller Posted July 16, 2008 Share Posted July 16, 2008 http://www.knightfrank.com/news/directnews...move_01178.aspx ....so anyone thinking of buying should wait until stamp duty is cut.....get the word out! Quote Link to comment Share on other sites More sharing options...
SPEN555 Posted July 16, 2008 Share Posted July 16, 2008 Cool, that'll free up mortgage lending Just tell the bank you don't have to pay the couple of £k stamp duty and they will just give you a £300k mortgage on your £25k income. All problems solved. Quote Link to comment Share on other sites More sharing options...
sossij Posted July 16, 2008 Share Posted July 16, 2008 (edited) reportedly thinking of... said to be considering possible changes... looking at a lot of different measures... possible moves could include... or ... or... *cough*BULL*SHIT!*cough* Edited July 16, 2008 by sossij Quote Link to comment Share on other sites More sharing options...
moonriver Posted July 16, 2008 Share Posted July 16, 2008 I notice on the same page as your link, we have the link to the other news that "House prices are to bounce back in a year"... http://www.knightfrank.com/news/directnews...year_01179.aspx Quote Link to comment Share on other sites More sharing options...
the primitive Posted July 16, 2008 Share Posted July 16, 2008 http://www.knightfrank.com/news/directnews...move_01178.aspx In other news: "King Canute to reverse tide" "Government to stop sea level rise with a bucket and spade" Quote Link to comment Share on other sites More sharing options...
Zzzzzzzzzzzzzzzzzzzzzzzzzz Posted July 16, 2008 Author Share Posted July 16, 2008 (edited) A whole year? Surely it's gotta be next week innit? Edited July 16, 2008 by gruffydd Quote Link to comment Share on other sites More sharing options...
1929crash Posted July 16, 2008 Share Posted July 16, 2008 If this is true it just confirms the Government doesn't understand what's going on. A cut in stamp duty will be of no avail if you can't get a mortgage to buy the property in the first place, and that's where the problem lies at the moment - the banking system. Still, if they do it, then Krusty's arguments are exploded once and for all. Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted July 16, 2008 Share Posted July 16, 2008 (edited) http://www.knightfrank.com/news/directnews...move_01178.aspx When you look at the catastrophe unfolding across the pond and consider how badly that's going to affect the UK you realise this measure is just whistling in the wind. As increasing number of sheeple become increasingly aware of the scale of the problem - and get frightened - only the very most ignorant will want to indulge in this fantasy. Edited July 16, 2008 by Dave Spart Quote Link to comment Share on other sites More sharing options...
sleepless Posted July 16, 2008 Share Posted July 16, 2008 http://www.knightfrank.com/news/directnews...move_01178.aspx Who is that very shaggable totty on the link? Quote Link to comment Share on other sites More sharing options...
Thucydides Posted July 16, 2008 Share Posted July 16, 2008 http://www.knightfrank.com/news/directnews...move_01178.aspx In other news, the Florida state government has set up a line of 12 office fans to blow away an approaching hurricane. Quote Link to comment Share on other sites More sharing options...
1929crash Posted July 16, 2008 Share Posted July 16, 2008 Who is that very shaggable totty on the link? Stop dragging down the moral tone of this thread. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 16, 2008 Share Posted July 16, 2008 IMPO this is just VI nonsense - how would this help anything? It would not benefit the Government and, frankly, the stamp duty is not the problem - ridiculously over-priced houses are. Quote Link to comment Share on other sites More sharing options...
Renny Posted July 16, 2008 Share Posted July 16, 2008 In other news:"King Canute to reverse tide" "Government to stop sea level rise with a bucket and spade" STOP PRESS: Captain of Titanic rearranges deck chairs ahead of arctic cruise. Quote Link to comment Share on other sites More sharing options...
time 2 raise interest rates Posted July 16, 2008 Share Posted July 16, 2008 I'm sure this will please all those that bought last year and paid their stamp duty with a 100% mortgage too their now down £20,000 and the cost of the stamp duty, vote winner this one. Quote Link to comment Share on other sites More sharing options...
Matt Bear Posted July 16, 2008 Share Posted July 16, 2008 IMPO this is just VI nonsense - how would this help anything?It would not benefit the Government and, frankly, the stamp duty is not the problem - ridiculously over-priced houses are. The thing is they don't even realise that they may actually be putting people off buying as they await the the stamp duty cuts (and that it won't have any effect). Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted July 16, 2008 Share Posted July 16, 2008 Who is that very shaggable totty on the link? Google "Caroline Flint". Any relation to Keith Flint of the Prodigy I wonder? She's the bitch you hated, yeah, filth Infatuated Quote Link to comment Share on other sites More sharing options...
IMHAL Posted July 16, 2008 Share Posted July 16, 2008 I'm sure this will please all those that bought last year and paid their stamp duty with a 100% mortgage tootheir now down £20,000 and the cost of the stamp duty, vote winner this one. Great! But what we all need is a holiday from this bunch of half wits. HAL Quote Link to comment Share on other sites More sharing options...
keeprenting Posted July 16, 2008 Share Posted July 16, 2008 Who is that very shaggable totty on the link? It's Caroline "I'm a government minister but I don't know what the interbank rate is" Flint. Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted July 16, 2008 Share Posted July 16, 2008 This thread got me thinking... If we do have a housing crash of 30/40% (which isn't impossible), then surely the government will have to re-band stamp duty downwards? Does anyone know if there is any precedent for this? Quote Link to comment Share on other sites More sharing options...
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