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Deed of Gift
babyd32
Posts: 61 Forumite
Hi everyone
I have currently got my house on the market via an estate agent and have also advertised privately on the internet.
Today I had someone come to view the property (via my private ad) and has made an offer and has asked if we would be willing to sell via Deed of Gift.
I was wondering if anyone else has done this as I have not heard of this before or if anyone can guide me to further information on this. He did explain the process to us and it does seem like a real offer, or should I steer well clear. I am looking to sell quickly and he did say he could complete in about 6 weeks.
From what I gather he wants to buy the property to let (if that makes a difference).
Thanks in advance.
Donna
I have currently got my house on the market via an estate agent and have also advertised privately on the internet.
Today I had someone come to view the property (via my private ad) and has made an offer and has asked if we would be willing to sell via Deed of Gift.
I was wondering if anyone else has done this as I have not heard of this before or if anyone can guide me to further information on this. He did explain the process to us and it does seem like a real offer, or should I steer well clear. I am looking to sell quickly and he did say he could complete in about 6 weeks.
From what I gather he wants to buy the property to let (if that makes a difference).
Thanks in advance.
Donna
0
Comments
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You have made me go off and try to find more about "Deed of Gift" as I had heard of it previously but didn't understand it's use and still don't. :eek:
I suspect the buyer thinks he can use this somehow to avoid paying tax or stamp duty but I don't think this is possible and I don't think "Deed of Gift" could be applicable anyway as you are "selling" the place, and presumably want money for it.A house isn't a home without a cat.
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