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Planning drawings and stamp duty
Comments
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flossiethebrave wrote: »no neither do I (any architects out there?), so If he'll accept 250 it won't be an issue anyway. But if an extra couple of grand could be put down legally to purchasing the plans then it could make all the difference.
Make all the difference to what? Putting more money in his pocket?
If you mean that you offering £252k is likely to mean you securing the property in preference to someone else who's in the running, offering £250k....?0 -
Googler makes an excellent point, though I expect the plans are a reason to get a bit extra over the stamp duty threshold ... where normally you wouldn't.0
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???? Makes no difference.Do you want to construct an extension EXACTLY as designed by the current owner's son, or would you rather have it designed to your own spec?
Buy the house for 250500, plans thrown in. Or buy house for 249000 and plans for 1500. Vendor will not accept less than 250500.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Planning has been granted to an extension of a certain size and layout. If you want it done your way, it should be a fairly easy exercise to modify the planning consent. You won't need the current plans to do this. The only stumbling block would be if you wanted to appreciably alter the size of the extension.
I know I'd rather have some input to the process than be saddled with someone else's design.....0 -
DVardysShadow wrote: »???? Makes no difference.
Buy the house for 250500, plans thrown in. Or buy house for 249000 and plans for 1500. Vendor will not accept less than 250500.
I just wonder if the OP is getting swept along with the current owner's design, where they may be better served by their own....0 -
Maybe I'm missing something here but won't the council have copies online of all the plans and drawings and if they aren't detailed enough pretty sure you'll be able to get copies of the originals full size in person from the council as they are a matter of public record if planning has been approved0
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a) I'm not sure, but would the Plans not constitute a 'linked transaction' and hence have to be included for SDLT purposes?
b) Much of the plans will have been submitted to the LA in order to obtain PP (though possibly not to the same level of detail) in which case they are publicly available
If the seller wants to sell a property for £250,500 they are mad. NO one will pay a price soclose to the SDLT threshold.0 -
Well after all that, he has accepted 249950 for everything, so it is purely academic now. Thanks to everybody who commented/thought about it cos I don't really know how the thanks button thing works!0
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a) I'm not sure, but would the Plans not constitute a 'linked transaction' and hence have to be included for SDLT purposes?
HMRC defines that as being for two property transactions. I'm not convinced the plans can be passed off as fixtures and fittings, goods and chattels, whatever.....0 -
Yes they may be. But it is still in their interests to buy the house at 249000 and the plans at 1500 rather than buy the house at 250500. Even if they rip the plans up.I just wonder if the OP is getting swept along with the current owner's design, where they may be better served by their own....Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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