Stamp Duty

[drplokta]

Apparently, the Tories have decided to raise the stamp duty threshold to £250,000 for first-time buyers only. Can anyone come up with a workable definition of a first-time buyer for purposes of this policy (remember that the taxman can't ask to see documents more than seven years old)?

Comments

[nuttyxander.livejournal.com]

Total chocolate fire-guard territory.

If you want to sort out first time buyers allow them to defer paying off student loans to give young professionals more money to afford mortgages (or write them off).

Also, just build more bloody housing. And improve the standards in the outstandingly crap UK rental sector, especially in London.

All this talk of environmental measures on homes seems to assume that no-one rents and/or that people who rent won't want cheaper energy bills. How can I as a tenant ever hope to get double glazing or insulation in a home when anything equipped like that is creamed off to be sold rather than rented?

(ceases rant and goes off to use remaining working shower)