stamp duty avoidance

swoodward

If you buy the house for £127k you will have to pay stamp duty.

However as I worked in the mortgage profession my advice to you when making the offer would have been to offer £124,950 for the house and tell them you will buy the white goods from them for £2,050. this is acceptable as they you are paying less than the £125 for the house but you are buying the additional electrical of home goods separately. (After all the owner does not have to give you the white goods as part of the house, they are not part of the building)

googler

swoodward wrote: »

If you buy the house for £127k you will have to pay stamp duty.

However as I worked in the mortgage profession my advice to you when making the offer would have been to offer £124,950 for the house and tell them you will buy the white goods from them for £2,050. this is acceptable as they you are paying less than the £125 for the house but you are buying the additional electrical of home goods separately. (After all the owner does not have to give you the white goods as part of the house, they are not part of the building)

You haven't really researched this, have you?

HMRC have clamped down, and unless the white goods are GENUINELY worth £2,050, which is unlikely, this is tax fraud.

tyllwyd

I found this which is quite a good summary
http://www.actlegal.co.uk/faq/buying-house-faqs/19/