Reply to: Labour makes first-time buyer stamp duty pledge

[barrydidit]

All the parties know they may form part of a coalition. So know that some of their wilder (or more stupid) policies aren't likely to be made legislation.

You're not suggesting they made it up just so they could give ground on it later and blame the other lot are you? How very duplicitous.

[SlipTheJab]

All the parties know they may form part of a coalition. So know that some of their wilder (or more stupid) policies aren't likely to be made legislation.

Indeed my offer of a unicorn for every man woman and child in the UK if I become PM still stands

[SueEllen]

All the parties know they may form part of a coalition. So know that some of their wilder (or more stupid) policies aren't likely to be made legislation.

[PurpleGorilla]

Government Orders Everyone To Move House | The Daily Mash

7 years on and nothing has changed, UK economy IS just a long running house price bubble....

Ssssh I'll tell you a secret. It's going to pop very soon ;/)

[PurpleGorilla]

Is this in the Labour manifesto ? Every "policy" announcement from all parties lately seems like something they just thought up in Starbucks that morning.

Lol that is so true. But it's been like that for a while.

[Mark McBurney@CMME]

About bloody time! Thanks for the correction, I either missed or forgot that.

There was SDLT payable above £125k even before the change in December, it was just a blanket %age (1% up to £250k).

[jamesbrown]

True that. On the got it wrong front I'd vote both of them got it very wrong due to their own agendas.

There's some confusion about this as far as I can see. The announcement seems to imply that it's a slab-system that reverts to the ordinary rates at 300k, whereas the BBC and other analysis seems to imply that it may be the first 300k (i.e. effectively a shift in the 125k threshold to 300k). There's a big difference, at least for those looking to buy in London.

[DodgyAgent]

It was actually thought up in KFC

Is that why it is called bargain bucket politics?

[Eirikur]

Is this in the Labour manifesto ? Every "policy" announcement from all parties lately seems like something they just thought up in Starbucks that morning.

It was actually thought up in KFC

[DodgyAgent]

Interesting article:

Labour makes first-time buyer stamp duty pledge - Professional Adviser IFAonline

Will Dim Prawn now buy up the rest of Swindon?

[unixman]

Is this in the Labour manifesto ? Every "policy" announcement from all parties lately seems like something they just thought up in Starbucks that morning.

[TykeMerc]

I don't know if the Beeb has got it wrong or Labour has but:



£5000 is only if it's a £300K house. On a £200K house, it's £1500, and on a £150K house it's only £500. Surely the "average" first time buyer, outside of London at least, is more looking at the the £150K-£200K range?

True that. On the got it wrong front I'd vote both of them got it very wrong due to their own agendas.

[TestMangler]

1. Labour
2. Pledge
3. LOL

[VectraMan]

I don't know if the Beeb has got it wrong or Labour has but:

The centrepiece of Labour's plan is a pledge to give first-time buyers a stamp duty "holiday" on purchases of under 300,000, which it says will save them an average of £5,000.

£5000 is only if it's a £300K house. On a £200K house, it's £1500, and on a £150K house it's only £500. Surely the "average" first time buyer, outside of London at least, is more looking at the the £150K-£200K range?

[d000hg]

Or maybe you are just clueless!

It happened less than 6 months ago. Since you didn't take the chance to jump in and insult me with the information, I imagine you were equally ignorant, but too insecure to ever risk being found out.