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  • Anecdata; I spent my small PPI claim on a camera.

    Had it been £15k I'd have put it in savings or in this case tried to spend more on a house or borrow less.

    But yeah I guess it's already motivated a few here to move early. Plus to some extent it's free £s for the Govt as a £15k less on your SDLT income from a house sale is still more than no SDLT income at all.

  • Plus to some extent it's free £s for the Govt as a £15k less on your SDLT income from a house sale is still more than no SDLT income at all.

    I'm not sure how many people are going to decide when they were never going to move due to this though. It's more likely to just accelerate transactions than prompt new ones.

  • True.

    But most people want to move at some point, but if the market is stagnant then there is no where to go.

  • It probably makes a quicker move less painful though - if you bought 2 years ago and had planned to be there for another 2yrs this might make you move on

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