Briten scheuen sich vor dem Kauf von Häusern als Unsicherheit über die Grundsteuererhöhung
Brits shy away from buying houses as uncertainty over property tax increases
Von tylerthe-theatre
Briten scheuen sich vor dem Kauf von Häusern als Unsicherheit über die Grundsteuererhöhung
Brits shy away from buying houses as uncertainty over property tax increases
Von tylerthe-theatre
22 Kommentare
No way, are you telling me the treasury’s tactic of softly leaking every possible policy they can think of months in advance of the very late „autumn“ statement is actually having a negative effect on the economy?
Wouldn’t landlords just pass on those tax costs to their renters anyway?
also uncertantity on the rate from the BOE effecting mortgage costs as well
inflation going back up, are BOE going to hold or raise the rate ??
Yes, Rachel Reeve’s House Flipper’s benefits package has made people worried about buying a house for their family; paying stamp duty, and then still having to pay yearly tax. It’s a punishment for millennials, who have saved up for years and have only just been able to buy, and it’s a punishment for Londoners, as it’s very difficult to buy somewhere in London for below the cap. It’s just disgusting.
(N.B. for explanation: this benefits house flippers, because they now only have to pay 12 months of yearly taxes rather than full stamp duty, and it punishes people who want stability in their lives and settle down to start a family)
We want move just slightly closer to our childrens senior school. Same sort of price bracket. We haven’t moved for well over a decade.
£15k tax to move to the same sized house in the same area? No thanks!
Wasn’t this only going to affect houses over £1m? How many Brits are eyeing up houses that expensive?
Yes. That’s why we’re not buying houses. Nothing to do with being priced out of the market or anything like that
You sure that it’s not because they’re unaffordable?
Maybe Farage „five homes“ can sell a couple to help people out.
Also, nobody can afford property in the first place
thats probably a good thing to allow people to get on the ladder.
I know people who actually think this is a GOOD thing this tax. Absolutely insane and why I just think we reap what we sow in this country.
Those that think this will remain at a £500k threshold and 0.54% tax for long before creeping up to 1%…. 1.25% etc are naive at best.
Quick, let’s all become rich and get our spouse to buy it with cash and then gift it back to us or something
You sure that this is in fact a complete nothing burger put out by an online news source owned by a billionaire Tory donor who happens to have an ecommerce business that cannot be enjoying the increase in minimum wage and national insurance contributions.
Rachel Reeves was appointed the Shadow Chancellor in 2021. She had plenty of time to have a fully costed plan for Public finances once the Labour Party became the Government
1/2 million for a shit house in a city. No thank you
Shy away. Shy away? How about cannot afford?! I’m sick of this. Just be honest and tell us you want BlackRock to own everything, and then we can get on with the consequences.
I’m a relatively new home owner. I never realized before now how our system really locks you in place. I could do with moving to Manchester from the Midlands for a job but fuck me man that’s a process that could well take over a year and including fees and taxes cost into five figures. No wonder this country has such weak productivity!
Waiting for the usuals to come out of the woodwork and say „actually it’s because the UK is too educated“
Unless you are buying something above around £700k, you’ll be better off with the new property taxes if implemented exactly as suggested by Onward.
My wife and I are looking to move/buy somewhere else soon.
I’ve not looked into this much yet (and it’s not finalised anyway), but – and I’ll probably get crucified for saying this – I’d rather pay a bit more tax over a longer period than a huge stamp duty up front.
The stamp duty eats into savings/deposit, and limits buying potential. A smallish tax each year is easier to accommodate, and easy enough to budget for.
It’s much the same as mortgages – on my first flat, I chose a longer mortgage than I needed in order to have smaller monthly outgoings (knowing I could overpay if I wanted) so that I had a better quality of life/more disposable income in the short term. If I could essentially spread out stamp duty right now, I’d be very happy to do so. If that came with a small extra price to pay, I’d be happy with that if it lets me live the life I want.
(This assumes the property tax doesn’t end up being 3x higher than stamp duty etc, of course)
Brits shy away from buying houses cause we’re skint