Can I do this?

DannyboyMidlands

grimsalve wrote: »

I don't think it's technically fraud, I've seen EAs try this sort of thing before - advertise a house for sale at £X but with maybe 5% cashback (seems a bit pointless though, might as well just market it at £X-5%!)

The £22k "incentive" would need to be agreed by solicitors anyway and it tends to be the solicitors that sort out the stamp duty, etc.

Alternatively, you take the house off the market, carry out £22ks-worth of improvements, and then put it back on the market at the higher price?

You're right, I guess fraud would be to sell low in order to avoid stamp duty and have the grubby cash payment going the other way.

Anyway, still seems like a massive ball-ache when the real problem is staring OP in the face.

Brallaqueen

New poster, first post, nonsensical idea and (as yet) no response. Troll?

PasturesNew

I wonder how come you managed to get a job that paid enough to buy such a pricey house if this is the sort of thinking you come out with.

It has to be nepotism, or public sector.