View Full Version : Budget
metalmonkey
24-03-10, 11:52 AM
Here is a link to it;
http://news.bbc.co.uk/1/hi/uk_politics/8584163.stm
Hmm it seems stamp duty will not affect property under 250k. Also gonna rasie the price of alco pops, to stop kids from drinking them...way to go. How about putting some money in the youth service and deal with the actual casue not just make money off them.
I have only read a bit I'm off to work, cycling though as its seems the cost of fuel will increase alot more now:thumbdown:
Just alco pops, thank god :)
dizzyblonde
24-03-10, 01:06 PM
Why only first time buyers?
They can't afford my house never mind anything upto 250k.
I'd have liked to have seen something in that for me. I will be looking to buy a bigger house than my rabbit hutch later in the year, perhaps he could have extended it to us too? Not that I can afford a house at 250 either.
Paul the 6th
24-03-10, 01:14 PM
woo woo's aren't classed as alcopops, right?
Why only first time buyers?
They can't afford my house never mind anything upto 250k.
I'd have liked to have seen something in that for me. I will be looking to buy a bigger house than my rabbit hutch later in the year, perhaps he could have extended it to us too? Not that I can afford a house at 250 either.
Totally agree there DB - we cant afford to move (or even re-mortgage for that matter) so our two bedroom shoebox is here to stay for now - guess little baby Skip wont be having any siblings for a good few years :rolleyes:
dizzyblonde
24-03-10, 01:35 PM
Well Skip my two bedroomed shoe box doesn't have room for baby Dizzypeg arriving in September :-(
There is physically no room. We are lucky we can afford to move provided we get a mortgage, extending buildings isn't possible here. Stamp duty is a bitter pill to swallow, when houses are too expensive for what you get though. Its not as if we're wanting to buy a mansion!
Well Skip my two bedroomed shoe box doesn't have room for baby Dizzypeg arriving in September :-(
There is physically no room. We are lucky we can afford to move provided we get a mortgage, extending buildings isn't possible here. Stamp duty is a bitter pill to swallow, when houses are too expensive for what you get though. Its not as if we're wanting to buy a mansion!
Hope it works out for you DB - I know what you mean though - we have no desire for a mansion either but it would be nice to see a 3 bedroomed house in our future but as it stands it seems unlikely for quite some time... Oh well, just have to make the best of it I guess!
As a side note I have friends who are selling their 2 bedroomed house and moving into rented accommodation as its the only way they can upgrade to a bigger house to fit their expanding family. I feel for them as its a big thing to get onto the property ladder to only then have to step back off it again. :(
dizzyblonde
24-03-10, 01:44 PM
Its ok if you don't have an established family and a menagerie, when it comes to renting. I have had far too many bad experiences with renting and would far rather be falling over each other than rent. Which is why I bought this on my own ten years ago.
A three bed with a little garage seems so far away....even more with a wack of tax.
kellyjo
24-03-10, 02:27 PM
I have a lovely 4 bed extended detatched house....... but its rented! Id much rather have a small 3 bed semi for me and the kids and a mortgage. I have a lengthy contract and the owners are very good friends of mine (i get a healthy reduction on the rent cos they want it to stay a family home and know i'll look after it) and in theory its mine for at least the next ten years, but there is still no security. If, god forbid, their marriage falls apart or worse, they may need the house back and that will leave me in dire straits.
Security is priceless.
Skip, i know a couple that had their 3rd child, and it spent the first year of its life sleeping in a drawer! They took the drawer out of the chest and made it into a bed every night. Not ideal, but it worked!!!
Id much rather have a small 3 bed semi
Me too!
Skip, i know a couple that had their 3rd child, and it spent the first year of its life sleeping in a drawer! They took the drawer out of the chest and made it into a bed every night. Not ideal, but it worked!!!
LOL - I dont think things are that bad - my neighbours live in the same size house as us and have a 5 year old girl and a 13 month old boy - I assume they will have to move soon - is there a law/regulation regarding different sex children sleeping in the same bedroom?
/Sorry for the derail :oops:
kellyjo
24-03-10, 02:49 PM
Me too!
LOL - I dont think things are that bad - my neighbours live in the same size house as us and have a 5 year old girl and a 13 month old boy - I assume they will have to move soon - is there a law/regulation regarding different sex children sleeping in the same bedroom?
/Sorry for the derail :oops:
When my housing benefit is assessed they look at the ages and sexes of the kids to determine the size of house i should have. IIRC they consider 10 as being the age that boys and girls should have separate rooms but same sex can share at any age. Therefore, as i have a daughter 10, and boys 7 and 4, i am entitled to a three bed house. However, they will only pay £600 pcm for that in this area, whereas a half decent 3-bed in my village would cost at least £700!
I only pay slightly more than that for my house which has separate lounge and diner, kitchen, utility, playroom AND conservatory, 3 bathrooms and 4 beds, but as i said i get a good rate (the owners could get another £200+pcm if they rented thru the local american bases, but would only get short term tenants).
martianskippy
24-03-10, 02:49 PM
I understand why you guys are unhappy not being able to afford a bigger place but I still think you should consider yourself lucky to have a place you actually own (are are in a process of repaying).. I have been trying to save up for a deposit that would allow us to get a smallest of places on our own for some time now and am nowhere even close at the moment. The cheapest flats in our area (tiny 1 bedrooms) don't get cheaper than £180-200K which means a minimum £20K deposit. No matter how hard we try we would need at least another 7-8 years to save that amount, despite both of us being in white collar full time employment :(
kellyjo
24-03-10, 02:51 PM
I cant believe London prices when i see housing programs on tv. This may sound naive but would it not be better to move out of London and commute, or is that not much better?
martianskippy
24-03-10, 02:57 PM
We've already moved out of London, we live in Kingston now. Thanks to that we could finally afford a tiny one bedroom maisonette which costs us £850 a month + council tax & bills. On average that goes to about £1150 pcm.
When we used to live in London same money got us a very small studio..
Thankfully we have no kids yet...
Ouch - but then my mortgage is £850 a month for a tiny 2 bedroom house in middle of Norfolk!
10% increase in tax on cider.. jog on darling :smt070
gutted for my brother, he bought a house about a month ago...
at least these f*ckwits wont be around much longer.. we'll have a new set of f*ckwits in the driving seat before the years out.
Biker Biggles
24-03-10, 03:40 PM
Very little difference between the two sets of f*ckwits these days.The current lot will start cutting spending later because they think public spending is bolstering the economy and preventing a deeper slump and a double dip.The other lot want to cut spending now if not sooner because the debt burden will sink the economy anyway.
Probably both parties are right.The answer perhaps is to try and do both,cutting wastful unproductive public spending but maintaining that which bolsters the economy.Sadly we dont have the kind of leaders capable of doing this.Neither party has the talent or impetus to produce the people required.
Ouch - but then my mortgage is £850 a month for a tiny 2 bedroom house in middle of Norfolk!
Fark..:shock:
I'm paying £623 for a two up, two down and that still makes me wince.
Fark..:shock:
I'm paying £623 for a two up, two down and that still makes me wince.
Well to be fair it dropped to £697 when the fixed rate ended so we are overpaying £150 a month to try and bring it down - but we were paying £850 before
martianskippy
24-03-10, 04:09 PM
Fark..:shock:
I'm paying £623 for a two up, two down and that still makes me wince.
there's no justice in this world... ;)
there's no justice in this world... ;)
It's just me though. You have the benefit of sharing with your lovely woman. That's worth an extra 500 sovs innit ;)
martianskippy
24-03-10, 04:23 PM
It's just me though. You have the benefit of sharing with your lovely woman. That's worth an extra 500 sovs innit ;)
Can't argue with that ;)
Let's get back to the thread's subject though, shall we? ;)
Biker Biggles
24-03-10, 04:28 PM
Can't argue with that ;)
Let's get back to the thread's subject though, shall we? ;)
I tried that.Didnt work.:rolleyes:
Let's get back to the thread's subject though, shall we? ;)
Yeah, before Mr Darling reads this and realises he's missed an opportunity to tax us for that, too :makelurve:
What a :toss: Mr Darling is.
I like how they are putting a cheery slant on the fuel duty rises. i mean were T F does the duty raised go? Not into what it should thats for sure. Just somones moat! £1.50 a Liter is going to make me think about car/bike useage. No more joy rides for me thats for sure. Feck that, its also oging to make train travel to work look fair! Agin, feck that. That and the fact peopls cars/bikes will be worth nothing. Then poeple stop using cars, car manufacturing will slow again, companies will go bust etc etc. Yeah nice one Dalring you tosspot! You shoudl be cutting it by 3% you greedy feckwit!
And i was almost sure that there wasnt any stamp duty on property under £250K anyway, and i mean £250k for 1st time buyers is ludicrus. I couldnt even get half that on my salary. Its rediculous. Bleedin country's a joke.
*Gets down off soap box, its scary up here*
BanditPat
24-03-10, 11:34 PM
I'm not amused with it really the three best things in my life bike smoking and drinking (not always at the same time) is going to cost me more, Brilliant cant wait.
metalmonkey
24-03-10, 11:53 PM
I don't think the stamp duty news is all that great really, say if you have owned a place before meet someone, neither of you own a place but one of you did in the past guess what...you pay the tax! Oh yeah you have been screwed. The only to get around this is the person who has never owned place buy it on their own. Yeah right!
Also the increase of fuel duty is not only going to make costs of goods more, but inflation is going rise without any doubt. As Viney pointed out, I think people are gonna think about travel, without any doubt will affect the bike community.
In short I have seen very little that is going to help any of us here.
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