Fully costed?

The headline per the BBC that "Stamp duty is axed below £175,000" bears further examination, first this is as the BBC admit in the article just for one year. Another policy is the introduction of

"free" loans of up to 30% for first time buyers in England.

Households earning less than £60,000 will be offered loans free of charge for five years on new properties, co-funded by the state and developers."

This completely thought out plan seems however to be incomplete:

"Once the five-year "free" period is up, homebuyers will be asked to pay a fee, the Department for Communities and Local Government said - although no more detail of this was provided."

So people are expected to take out a five year "free of charge" loan without knowing the size of the "fee" payable at the end of the loan period... Would you trust honest Gordon Brown to not make the fee equivalent to the interest you would have paid?

Meanwhile the BBC promote the half-baked and the unbaked ideas as the salvation that Labour claim they are. As ever on the BBC it is VOTE LABOUR, VOTE LABOUR, VOTE LABOUR.