According to the widget on the Sky article I’ll be about £80 better off each month.
But my mortgage will gain another £30 with the 2.25%
According to the widget on the Sky article I’ll be about £80 better off each month.
But my mortgage will gain another £30 with the 2.25%
Increased you mean that’s a good thing so if you buy a house worth £300k you’ll only pay stamp on the £50k over or zero if it’s your first home all the way up to £425k
Well off first time buyers will benefit the most
These are the new price thresholds, after which stamp duty must be paid:
• After the first £250,000 for people who have purchased property before (it was £125,000)
• After the first £425,000 for first-time buyers (it is currently £300,000)
• For first-time buyers of homes more than £425,000, they will be entitled to 5% relief from that price up to £625,000 (it is currently up to £500,000)
I think people bashing the NHS need to look at how much funding it receives and what service is given for that.
Yes there are longer waits but if people start by self treating minor ailments it will instantly be in a better place.
Less load on 111, GPs & ED’s.
It amazes me the amount of people want to see a GP but haven’t tried their pharmacist first or taking any responsibility and looked to manage their own health.
On the sepsis comment above if the triage the call correctly at the ambulance service it is a 40 minute response.
I’m not aware of any ambulance trust that had 7 hour responses for Cat2 calls.
I’m looking over at the block on our development who completed last week and thinking how much this must suck for the new residents…
Boohoo.
When we paid our stamp duty there was no first buyer discount and it was full whack on the whole price. None of these progressive rates.
They will always advise this because:
The one crisis to rule them all.
At least when it hits parity it’ll be much easier to do the mental maths to convert currencies.
This always happens though, and will likely recover.
‘always happens’ ≠ the lowest level vs the dollar since 1971…
It doesn’t always happen at all.
Gilt yields are up, and the government just announced what amounts to a major spending package. In a developed country this should result in a raise in the currency. What’s more it’s dropped to the lowest level since 1985.
It’s incredibly unusual in a developed economy for that to occur. In fact it might be unprecedented. The financial markets do not normally worry about political developments and react well to extra spending.
So it never drops when budgets are announced? Ever? Not even a penny?
The add, maybe not to yesteryear levels, but is that really important?
Just tells me the rich say f the poor.
Maybe the dollar is just tired?
Not when gilt yields are up and the budget involves major spending, no. As said it’s probably the first time it’s happened in a developed economy or among the first.
It certainly doesn’t drop to the lowest level for 50 years
But historically it does drop…
It’ll recover.
The financial market disagrees with you
On a long enough timeline it will, but that doesn’t really help the here and now.
Will it? How do you know that? If you can predict the currency markets you ought to be a billionaire by now
There’s a risk of it going down further because Trussonomics fails and the countries debt becomes unsustainable. There’s a possibility of it going up too. The risk of either case is built into the current price.
You could be right. Or not.
Even if you are right, I suspect that the cost (or, more accurately, the cause) of recovery will be higher interest rates.