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Wedding Forum - Abolished stamp duty!!...

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  1.  
    • lemondrops
      CommentAuthorlemondrops
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  2.  
    • Mrs (Dove) Pidgeon
      CommentAuthorMrs (Dove) Pidgeon
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    We are hoping to buy soon anyway. Just a case of me finding a job (and getting the rest of a deposit together!)

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    Now a extremely happy German housewife and now a Mother!!!!
    Islay Jean born 24th June in Hannover.
  3.  
    • Joolsy
      CommentAuthorJoolsy
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    Hopefully I will be :-) xx

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    Officially Mrs Julie-Anne Muir


  4.  
    • Angelaeris
      CommentAuthorAngelaeris
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    Hopefully! September 2011 we'll be looking at buying our first home together! We still live at home with the parents at the moment! However I think the price we are looking at paying was under the old stamp duty figure anyway!

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    21st September 2011 the day I became Mrs Davis!


  5.  
    • Beckythemadcow
      CommentAuthorBeckythemadcow
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    Saving for a deposit at the same time as saving and spending for the wedding!
  6.  
    • Claire Sky
      CommentAuthorClaire Sky
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    no way! i never knew! That is awesome! thought we would have to stick under 125,000!!! yey!! Good news!! xxxx
  7.  
    • x~Hails~x
      CommentAuthorx~Hails~x
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    ooo Really? Well hopefully we will be soon!

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    UKBride moderator both on here and on facebook

    For it was not into my ear you whispered, but into my heart
    It was not my lips you kissed, but my soul.
  8.  
    • auntiewoo
      CommentAuthorauntiewoo
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    Am devastated for those poor people with properties worth a million tho! must be sooo hard for them! Lol
  9.  
    • CommentAuthorMrs Sazra
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    We are hoping to move in the summer, so will be taking advantage (although didn't know about it til you said, only thing I paid attention to was cider going up 10%! lol)
  10.  
    • Joneseygal
      CommentAuthorJoneseygal
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    Just a word of warning if you are buying with someone else you both have to be first time buyers and you cannot have owned property anywhere in the world! I have a pair of clients who had hoped to benefit but they miss out as although he is a first time buyer she isn't.

    It ONLY applies to first time buyers.
  11.  
    • Mrs (Dove) Pidgeon
      CommentAuthorMrs (Dove) Pidgeon
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    Joneseygal- what about for rental properties? It will be our first purchase, but we will live in Army accomodation.

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    Now a extremely happy German housewife and now a Mother!!!!
    Islay Jean born 24th June in Hannover.
  12.  
    • Joneseygal
      CommentAuthorJoneseygal
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    As long as neither of you have owned it outright so if you have been living in rented accommodation you should be fine. You also have to intend to live in the property as your main residence!!
  13.  
    • Mrs (Dove) Pidgeon
      CommentAuthorMrs (Dove) Pidgeon
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    So if one of us lives there for a while, its ok?

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    Now a extremely happy German housewife and now a Mother!!!!
    Islay Jean born 24th June in Hannover.
  14.  
    • Joneseygal
      CommentAuthorJoneseygal
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    I think so, as long as you don't rent it out to anyone else as an investment!
  15.  
    • Mrs (Dove) Pidgeon
      CommentAuthorMrs (Dove) Pidgeon
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    Thats our problem... we will be moving around, so want a house to rent out so in 20 years we are one the property ladder.

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    Now a extremely happy German housewife and now a Mother!!!!
    Islay Jean born 24th June in Hannover.
  16.  
    • Joneseygal
      CommentAuthorJoneseygal
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    Quoting from the official guidance that has been issued by HMRC:

    "The purchaser or purchasers must intend to occupy the property as their only or main residence"

    and then again later

    "The purchaser must be a person who intends to occupy the property as his or her main residence".

    It's basically an attempt to bring help first time buyers get on the property ladder an to get them back into the market in the hope that this will stimulate the market and get it moving again.
  17.  
    • Mrs Turps (Nicpep)
      CommentAuthorMrs Turps (Nicpep)
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    I got lucky, I bought mine at the end of last year before they changed the stamp duty threashold so i didnt have to pay on mine :)

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    18-09-10
    Now a married lady :)
    Im a rebel me
  18.  
    • Joneseygal
      CommentAuthorJoneseygal
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    We had a rush of people trying to complete before Christmas so as to avoid stamp duty and it was a bit of a nightmare for us as we were sooooo busy!
 

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