On 18/11/2017 14:34, Andrew wrote:
On 18/11/2017 08:10, Graeme wrote:
In message ,
harry writes

My first house cost £400 in 1970.

Crikey.Â* Where was that?Â* My first house, 1975, was £10,250, Bristol.
I sold it for a modest profit two years later, and moved to Stoke
Poges, where I bought a maisonette for £12,500.Â* Another two years
later (1979), I sold that for £25,000 which was a handsome profit.
Moving to Colchester, that bought me a three bed detached house.

I sold my last one for £400,000. (Downsized)

Downsizing is on our minds.Â* Would certainly release some useful capital.

I'm afraid that I'm hoping Spreadsheet Phil will carry out a one-off
change to stamp duty to make the seller pay and not the buyer.

This will help the FTB, and claw back some of the massive over-valuation
that the UK housing stock has reached.

Australian-style restrictions on ownership of residential
property by non-doms and ltd co's would help too.
The whole of Chelsea and Kensington will be on the market the next day then.