Did you see the news on Saturday? It seems the chancellor is planning some 
40% rebate on stamp duty for second homes. (I may have got this bit about 
stamp duty wrong, as the report wasn't at all clear what the 40% referred to 
but the chancellor has little say on anything else to do with house 
charges!)
A local from Grasmere explained how small two bedroomed terraced houses now 
cost over 2k because of the demand for second homes. Someone from an 
official Cumbrian agency   explained that any % 2nd home occupancy above 20% 
was detrimental to the area i.e schools closing and other out of season 
facilities going. He also stated that Grasmere has 48% of second homes! I 
had no idea things were so bad in parts of Cumbria. No wonder the house 
prices are through the roof in the nice areas. It's as bad as Cornwall. 
Maybe they should limit second home buyers to places like Egremont. The 
Chanel Isles do seem to have a better system.

Rex.

On Sat, 27 Aug 2005 12:44:37 GMT, Norcot wrote:


> Did you see the news on Saturday? It seems the chancellor is planning some 
> 40% rebate on stamp duty for second homes. (I may have got this bit about 
> stamp duty wrong, as the report wasn't at all clear what the 40% referred to 
> but the chancellor has little say on anything else to do with house 
> charges!)
> A local from Grasmere explained how small two bedroomed terraced houses now 
> cost over 2k because of the demand for second homes. Someone from an 
> official Cumbrian agency   explained that any % 2nd home occupancy above 20% 
> was detrimental to the area i.e schools closing and other out of season 
> facilities going. He also stated that Grasmere has 48% of second homes! I 
> had no idea things were so bad in parts of Cumbria. No wonder the house 
> prices are through the roof in the nice areas. It's as bad as Cornwall. 
> Maybe they should limit second home buyers to places like Egremont. The 
> Chanel Isles do seem to have a better system.
> 
> Rex.


I think the idea is that people buying property to let could class the
property as part of their pension fund, and get tax relief on the purchase
price.
http://news.bbc.co.uk/1/hi/uk/4182644.stm

"John Armstrong" <ja@localhost.localnet> wrote in message
news:qga1bx56vp1v.dlg@ggrove.plus.com...

> On Sat, 27 Aug 2005 12:44:37 GMT, Norcot wrote:
>
> > Did you see the news on Saturday? It seems the chancellor is planning
some
> > 40% rebate on stamp duty for second homes. (I may have got this bit
about
> > stamp duty wrong, as the report wasn't at all clear what the 40%
referred to
> > but the chancellor has little say on anything else to do with house
> > charges!)
> > A local from Grasmere explained how small two bedroomed terraced houses
now
> > cost over 2k because of the demand for second homes. Someone from an
> > official Cumbrian agency   explained that any % 2nd home occupancy above
20%
> > was detrimental to the area i.e schools closing and other out of season
> > facilities going. He also stated that Grasmere has 48% of second homes!
I
> > had no idea things were so bad in parts of Cumbria. No wonder the house
> > prices are through the roof in the nice areas. It's as bad as Cornwall.
> > Maybe they should limit second home buyers to places like Egremont. The
> > Chanel Isles do seem to have a better system.
> >
> > Rex.
>
> I think the idea is that people buying property to let could class the
> property as part of their pension fund, and get tax relief on the purchase
> price.
> http://news.bbc.co.uk/1/hi/uk/4182644.stm


I notice houses for sale in The Lake Distric keep popping up on the holiday
cottage lists.

Edith.

"John Armstrong" <ja@localhost.localnet> wrote in message 
news:qga1bx56vp1v.dlg@ggrove.plus.com...

> On Sat, 27 Aug 2005 12:44:37 GMT, Norcot wrote:
>
> I think the idea is that people buying property to let could class the
> property as part of their pension fund, and get tax relief on the purchase
> price.
> http://news.bbc.co.uk/1/hi/uk/4182644.stm


Thanks for that reference, John. It makes more sense now. I still think it 
will have a big impact on the housing market in Cumbria, to the detriment of 
locals trying to buy. Many of these villages will become ghost villages in 
the winter.

Rex.

"The Traveller" wrote >>

>
> I notice houses for sale in The Lake Distric keep popping up on the 
> holiday
> cottage lists.
>
> Edith.


Obviously the estate agents are on the ball, Edith.  Nice to see you are 
back on the newsgroup again. We have been trying to fill your shoes by 
sending more posts but have failed woefully.  Hope you are now well.

Regards

Rex.

"Norcot"  wrote in message
news:zJ_Pe.332$n4.69@newsfe2-win.ntli.net...

>
> Obviously the estate agents are on the ball, Edith.  Nice to see you are
> back on the newsgroup again. We have been trying to fill your shoes by
> sending more posts but have failed woefully.  Hope you are now well.
>
> Regards
>
> Rex.


Hello Rex. Thank you. I'm much better.These new pills are doing wonders.
They are called Brexidol. The pains disappeared and I thought I was ok and I
carried my groceries home from town and had to use Brexidol for another week
so I won't be on the net as much as before because I have to rest the
shoulder but I'm ok getting.

Edith.

"The Traveller">

> Hello Rex. Thank you. I'm much better.These new pills are doing wonders.
> They are called Brexidol. The pains disappeared and I thought I was ok and 
> I
> carried my groceries home from town and had to use Brexidol for another 
> week
> so I won't be on the net as much as before because I have to rest the
> shoulder but I'm ok getting.
>
>

Brexidol is known for its gastric irritation, especially in the ELDERLY!  So 
watch out for upset stomachs, Edith.


Rex.

"Norcot"  wrote in message
news:0geQe.3275$B4.251@newsfe7-win.ntli.net...

>
> "The Traveller">
> > Hello Rex. Thank you. I'm much better.These new pills are doing wonders.
> > They are called Brexidol. The pains disappeared and I thought I was ok
and
> > I
> > carried my groceries home from town and had to use Brexidol for another
> > week
> > so I won't be on the net as much as before because I have to rest the
> > shoulder but I'm ok getting.
> >
> >
> Brexidol is known for its gastric irritation, especially in the ELDERLY!
So
> watch out for upset stomachs, Edith.
>
> Rex.
>

No problem here as yet, Rex. It's only for another week and never on an
empty stomach but if you know of a better remedy I'm all ears.

Edith.