Fixtures and fittings

Johnny_Doe

Is it normal for a vendor to exclude an oven and hob from the sale of a house? I Personally find it a bit odd.. Also if this is excluded from the sale on a legit basis why do people pay stamp duty on it when buying houses when it is included in the sale? please advise

theartfullodger

Sadly if you expect to deal with "normal" people when buying & selling houses you will severely restrict your options....

Cheers!

Lodger

poppysarah

fitted?

fitted should stay imo and free standing not.

SallyCinnamon

That's shocking! I agree with poppysarah, we're moving (due to exchange contracts on monday fingers crossed) and wouldn't have dreamt of excluding the fitted oven and hob - not that I'd even know where to start with removing them if I wanted to! Our vendors are also leaving theirs for us.

Have they indicated on the list that they would sell them to you?

Ian_W

Johnny_Doe wrote: »

Is it normal for a vendor to exclude an oven and hob from the sale of a house? No.
I Personally find it a bit odd.. Me too!
Also if this is excluded from the sale on a legit basis why do people pay stamp duty on it when buying houses when it is included in the sale?
A few years ago I believe the rules were changed so that fixtures and fittings, even if price separately, are included for stamp duty purposes. Furnishings, curtains and carpets can still be excluded but HMRC are likely to involve themselves if the price is thought to be more than a reasonable 2nd hand value.

theartfullodger wrote:

Sadly if you expect to deal with "normal" people when buying & selling houses you will severely restrict your options....

:rotfl::rotfl::rotfl:Many a true word spoken in jest!
Oh, you weren't jesting! :eek:

bitsandpieces

Are they trying to sell them to you, or threatening to just take them regardless? If the former, I've heard of this before - a way to get more cash from buyers. Whether it's worth arguing about depends on how much they're asking, and how strong your negotiating position is.

If the latter, that is weird. Do they expect you to deal with a sodding great hole in the kitchen?

Fire_Fox

I would guess because they are not getting the price they had hoped for the house and so they want to screw more money out of the buyer by a different route.

axomoxia

If its a gas hob, you'll need to pay for a Corgi-u-like engineer to do remove it!

soulsaver

Whats 'usual' doesn't make it illegal to do something different. Are the items listed/mentioned in the details? If so they ARE included unless you have offered below the asking price in which case you are negotiating. They are in effect saying '..for that price we'll keep the oven'. You can say '..you keep the oven, we'll reduce our offer accordingly'.
You are paying a solicitor to act for you? Ask him.

BTW Note: Fixtures & fittings count as part of the taxable asset but it is perfectly legal to avoid/decrease stamp duty land tax by buying soft furnishings wardrobes flooring etc. separately. But be aware: The Revenue WILL look; and your solicitor is unlikely to let you say 'carpets: £100k' without invoices to support.

However £175950 less £1100 for carpets, curtains wardrobe & desk is unlikely to be challenged, but your solicitor will let you know if he's uncomfortable.

not_loaded

You’re talking £250 to £300 of stuff here, plus maybe £50 or so for reconnection.

Fire_Fox wrote: »

I would guess because they are not getting the price they had hoped for the house and so they want to screw more money out of the buyer by a different route.

This sounds spot on to me, and I think you’ll find it is the tip of the iceberg when you focus on the F&F detail.

Check the replacement cost on everything they want to exclude, and call their bluff on everything.

Johnny_Doe

not_loaded wrote: »

You’re talking £250 to £300 of stuff here, plus maybe £50 or so for reconnection.

This sounds spot on to me, and I think you’ll find it is the tip of the iceberg when you focus on the F&F detail.

Check the replacement cost on everything they want to exclude, and call their bluff on everything.

Actually it's probably more like £2-£2.5k as it's quite a nice double oven.. plus reconnection. Everything else looks ok on the FF form, kitchen has fitted appliances which are staying: dishwasher, washing machine, fridge freezer etc..

We haggled over the price initially for over a week at which point he said "well i'm not going to argue over £2500", looks like he knew he would get it back through taking the oven..

I really can't comprehend how selfish some people can be - I'll probably be lucky if there are any light bulbs.

Thanks for all the replies, appreciate it - I'll talk to the solicitor on Monday as I don't think this is fair..