What offer to make on a £265,000 house??

Robert_Sterling

Conspiracy to defraud.

ruthie_2

Hi, I sold my house last month. I had put it on the market in July at £265,000, and immediately had a few offers just below the £250k mark, all of which I refused.

My perspective was that I didn't want to lose £15k, so that someone else could save the additional £5k stamp duty. I had 30 viewings in all and finally accepted an offer in October for £260k, with me and my buyer each paying 50% of the stamp duty, so I actually netted just over £256k.

I thought it seemed a reasonable deal for us both and thought that it was fair that we both share in the tax. A house round the corner went on the market at the same time, and for the same price as mine. It sold 8 weeks later for £261k, with the vendor paying the additional 2% stamp duty, so they basically netted the same as me.

Hope that helps!

Redbedhead

I would say, try £250k but be willing to increase if necessary and see if you can come to a deal on the stamp duty. Good luck

OverlandLandy

Im not sure where the house is?
If its in scotland you would need to offer around £300k unless its going to a fixed price.
The other thing you can do is offer £250k for the house and come to a agreement on the 'contents'. Which i would think would be worth about £15k. This would be quite convenient as stamp duty is only payable on property and not contents!:)