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The budget
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Old 09-03-2024, 11:50   #31
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Re: The budget

Quote:
Originally Posted by Sephiroth View Post

My inner self really hates them. Nothing in the budget to tackle the housing crisis. Rather than build more houses, they go for the soft target, such as people with second homes whose Council Tax will double in 2025 so that the wretched councils can waste even more of our money.

Yeah yeah; I can already see what some of you are thinking: most people don’t have second homes. But that’s not the point. Instead of building more houses, take them away from those who have a spare house. How Trotsky/Marx is that? From the Conservatives!

A shit budget from an even shitter government.

Nobody wants to solve the housing crisis - it's the base upon which the whole pyramid scheme is built.
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Old 09-03-2024, 12:50   #32
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Re: The budget

Quote:
Originally Posted by Sephiroth View Post
My inner self really hates them. Nothing in the budget to tackle the housing crisis. Rather than build more houses, they go for the soft target, such as people with second homes whose Council Tax will double in 2025 so that the wretched councils can waste even more of our money.

Yeah yeah; I can already see what some of you are thinking: most people don’t have second homes. But that’s not the point. Instead of building more houses, take them away from those who have a spare house. How Trotsky/Marx is that? From the Conservatives!

A shit budget from an even shitter government.
A spare house, with language as vulgar as that is it any wonder there is a housing crisis
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Old 09-03-2024, 13:19   #33
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Re: The budget

Quote:
Originally Posted by Sephiroth View Post

My inner self really hates them. Nothing in the budget to tackle the housing crisis. Rather than build more houses, they go for the soft target, such as people with second homes whose Council Tax will double in 2025 so that the wretched councils can waste even more of our money.

Yeah yeah; I can already see what some of you are thinking: most people don’t have second homes. But that’s not the point. Instead of building more houses, take them away from those who have a spare house. How Trotsky/Marx is that? From the Conservatives!

A shit budget from an even shitter government.

House-building in the richer parts of the country seems to be costing the Conservative Party votes so only natural that they try and free up second homes for regular occupation. We voted in June 2016 not to return small boat immigrants to France, so they all need to live somewhere.
https://www.politicshome.com/news/ar...lection-losses
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Old 09-03-2024, 13:29   #34
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Re: The budget

Quote:
Originally Posted by Hugh View Post
A ≠ B

How does increasing someone’s Council Tax on a Second Home become taking the Second Home away from them?
Well, Hugh, when the Council Tax rises from say, £3,000 pa to £6,000 a lot of people will have to sell due to unavailability.

A typical case may be a previous family home with nostalgic memories. The owners would split their time between homes but the legislation makes no allowance for this.

They are bustards for doing this. The bustards should have ensured more houses would have been built.


---------- Post added at 13:29 ---------- Previous post was at 13:25 ----------

Quote:
Originally Posted by TheDaddy View Post
A spare house, with language as vulgar as that is it any wonder there is a housing crisis
The most stupid comment you have ever made.

There is a housing crisis for one singular reason: The equally stupid government has not met its promises on house building. There are subsidiary reasons such as immigration but that is a different debate with huge depth of causes.
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Old 09-03-2024, 13:30   #35
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Re: The budget

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Originally Posted by Sephiroth View Post
Well, Hugh, when the Council Tax rises from say, £3,000 pa to £6,000 a lot of people will have to sell due to unavailability.

A typical case may be a previous family home with nostalgic memories. The owners would split their time between homes but the legislation makes no allowance for this.

They are bustards for doing this. The bustards should have ensured more houses would have been built.
New definition of "a typical case" I hadn’t come across before…



Look on the bright side - more Government revenue on the CGT when they sell the second home.
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Old 09-03-2024, 13:40   #36
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Re: The budget

Have you anything useful to contribute to the topic?
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Old 09-03-2024, 15:11   #37
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Re: The budget

Amusing, coming from someone who posted

Quote:
A typical case may be a previous family home with nostalgic memories. The owners would split their time between homes but the legislation makes no allowance for this.
and

Quote:
Instead of building more houses, take them away from those who have a spare house.
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Old 09-03-2024, 16:22   #38
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Re: The budget

Pass on the second house to one of your off-springs and if you have a second off-spring, pass your third house to that one.. This way you solve the IHT problem too.

How do you pass on the first house? that's the real problem.
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Old 09-03-2024, 19:53   #39
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Re: The budget

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Pass on the second house to one of your off-springs and if you have a second off-spring, pass your third house to that one.. This way you solve the IHT problem too..
I don’t think that’s entirely accurate!
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Old 09-03-2024, 19:58   #40
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Re: The budget

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I don’t think that’s entirely accurate!
7 year rule. You buy them on their name
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Old 09-03-2024, 20:01   #41
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Re: The budget

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Originally Posted by Ms NTL View Post
7 year rule. You buy them on their name
But if the house is unoccupied, it still gets caught by the 100% Council Tax uplift.
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Old 09-03-2024, 20:17   #42
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Re: The budget

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Originally Posted by Sephiroth View Post
But if the house is unoccupied, it still gets caught by the 100% Council Tax uplift.
Or…

They could live in it.
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Old 09-03-2024, 20:21   #43
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Re: The budget

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Originally Posted by Hugh View Post
Or…

They could live in it.
Why would they if it was not in a convenient location?
Didn't you think of that?
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Old 09-03-2024, 21:46   #44
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Re: The budget

If its not occupied, sell it.
Hanging onto an empty house you dont need is just nuts.
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Old 09-03-2024, 21:51   #45
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Re: The budget

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If its not occupied, sell it.
Hanging onto an empty house you dont need is just nuts.
... unless there are memories one doesn't want to give up.
A past family home, etc.
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