24 March 2010

Today's Budget

Today is Budget day, and I am hoping that the government will give something back on stamp duty, the current values is that you pay 1% of the purchase price of a property over £125,000 up to £250,000.

We had a holiday up until January, but now it is back and the housing market is showing the signs with little or no movements. A glimmer of hope is there with hints that the Chancellor is considering scrapping it on homes worth less than £250,000 and putting a scale of stamp duty on the more expensive properties from 1-4%.

This has got to be good news, especially for me so I am keeping a keen ear out on the budget today.

1 comment:

dickiebo said...

I didn't realise that there is stamp duty on caravans!!! lol.