briantrumpet
Squire
Interesting to have a personal family viewpoint (sorry to hear about the Parkinsons, obvs.) Understandable sentimentality can have quite a big practical cost.
Budget 2025
- Thread starter Beebo
- Start date
Page may contain affiliate links. Please see terms for details.
Interesting to have a personal family viewpoint (sorry to hear about the Parkinsons, obvs.) Understandable sentimentality can have quite a big practical cost.
OP
OP
Beebo
Guru
Also tax on a £2 mill house it is £2500 pa. So if she lives to be 101 that is £25k.
Which is nothing when you come to sell a £2mill house.
Pblakeney
Guru
My take on aging based on personal experience. You can have all the best strategies planned out but health circumstances can change very suddenly without notice which completely scuppers your plans. Top tip for the young, your retirement may not be the party you hope for.
briantrumpet
Squire
Here's a good thread on one of the terribly unfortunate people whose retirements are going to be ruined by the Budget.
https://bsky.app/profile/monkemma.bsky.social/post/3m6r5xe5w522g
My heart bleeds.
https://bsky.app/profile/monkemma.bsky.social/post/3m6r5xe5w522g
My heart bleeds.
CXRAndy
Shaman
Where do they find the money if they're living on a low pension.
Council/government aren't going to wait till you die to collect this mansion tax.
Just because their house is worth a lot doesn't mean they are cash rich.
OP
OP
Beebo
Guru
I know Cobham very well. It’s full of people like him.
It’s similar for the old lady above. She has lived in the house for 55 years and it has increased by £2million.
That is a price increase of £3k per month every month for 55 years. Tax free.
CXRAndy
Shaman
You invest in your home.
CXRAndy
Shaman
View: https://x.com/addicted2newz/status/1994667896023523461?t=7ihHxTIklqtjnouByEVHUg&s=19
She did it to buy votes
Pblakeney
Guru
In my (limited) experience of meeting people with houses worth more than £1.5m they are not shy in sharing the value of their houses.
They also come over as being complete knobs. Note, this doesn't apply to the really rich as that behaviour would be below them.
IIRC Billy Connolly told the story about the rich and the farmworkers got on really well in the pub where he lived. Then Volvo man came in talking about nothing but property prices. Knobs.
briantrumpet
Squire
Corrected your typo.
CXRAndy
Shaman
Reeves accused of 'deliberately crashing the economy' https://www.dailymail.co.uk/news/ar...tml?ito=native_share_article-nativemenubutton
