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About LinkBacksRead more.The Treasury has announced a one-year stamp duty holiday on properties costing less than £175,000.
Read more.The Treasury has announced a one-year stamp duty holiday on properties costing less than £175,000.
Just out of interest what can you buy for 175k these days?
I quite like the Supercharged Audi R8, with change, a house, not bloody much...
Er, no. It's one of several Government measures to help the slumping opinion poll ratings of the Government, and the incompetent numtpy running it.The announcement came today from Chancellor Alistair Darling and is one of many Government measures to help the slumping property market.
It won't work, though.
Excellent idea.
Tempt people into buying now by making a particular band of housing slightly more valuable.
And then in two years time when hit by negative equity, the bank gets lots of extra houses.
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Crikey, there's someone here even more cynical than me.Originally Posted by Steve
Well let's be honest, if £2500 makes the difference between whether you can afford a house or not, you shouldn't be buying the house. Especially in the current climate.
I know it's not that clear cut in all cases, but for those already stretching their budget... this be a bad thing... the devil at work.
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