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  • is it me or is stamp duty specifically designed to fuck first time buyers in London over?

  • Nope. They fuck all the buyers, for every house. Then you die, and they take some more. Multiple bites at the cherry.

  • What about those figures suggest first time buyers are affected most?!

    Fucking hell, if you wanted to buy an average size family home in our area you'd have to pay £180k stamp duty. I don't k ow what is more fucked
    ..the £1.5m price tag or the stamp duty.

  • That looks like a screenshot from a calculator, based on a property worth <£250k?

    Just in case you are having a brainfart, more expensive properties do pay progressively proportionately more stamp duty (see rate), but in this instance obviously there's nothing to pay (see duty).

  • It's better then is was, we bought in 2012 before the new rules, was 3% over £250,000 so had to pay £9,000 against our £300,000 property, think it would be nearly half that now! Not that I'm bitter!

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