UK Landlord Forum / Life

Quote
However, today the CML called on the Government to raise the £125,000 stamp duty threshold after it revealed that affordability for first-time buyers worsened during 2007.

By December, first-time buyers typically contributed almost 21pc of their income towards mortgage interest - that is more than a fifth of their income spent on repaying the interest, without even beginning to pay off the actual loaned amount.

Full Article here

I personally think the treashold should increase. Most properties are beyond 125k now; soon the 125k benchmark will be redudant...

Current rates:
Up to £125,000 - You don't have to pay any stamp duty
£125,001 to £250,000 - 1%
£250,001 to £500,000 - 3%
More than £500,000 - 4%

Gordon and his stealth taxes ....


V

we get fucked here we get fucked there. to be honest we get fucked everywhere.  As i have always said he gets it off us some how.  The thing that gets me at the mo is the slow allmost unseeable raise in the cost of living, the odd 5p on bread that noone sees, the odd 5p on milk , the list goes on, then this forces the mortgage rate up, my god we are all mugs i tell ye, I think it maybe a good idea for everyone to become VAT registered lol

I heard on the news yesterday that it costs £10 more to fill up the average car with petrol than it did last year. That's MADNESS!!!

The cost of living is killing me.

Quote from: propertyfag on February 13, 2008, 10:23:10 AM
I heard on the news yesterday that it costs £10 more to fill up the average car with petrol than it did last year. That's MADNESS!!!

The cost of living is killing me.

And we do nothing about it, the french, and even the Americans get off there arses and make themeselves heard, the only time we ever did was the poll tax riots, this country needs a day of protest so the governement can see what people think of them - can you see them surciving next time around1!

You're right, Hoppy. I was almost too lazy to respond to your post