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Stamp Duty
Comments
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Then offer £125000 instead. I'm sure the EA/vendor understands that the stamp duty threshold dissuades buyers from offering more on such a property.0
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Isn't there legit and crooked here? If you agree £128k and seek to do an exchange of cash you might get way with it or you might have the owners seeks to do something funny or get caught but if your offer genuinely includes say curtains, the fridge and the washing machine for £1K then I don't see why the offer couldn't be £125 plus £1k cash for the f+f. The taxman however is more geared up than in the past to rather big amounts being exchanged this way.0
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My word against theirs + no real evidence = big waste of my time...
Plus I actually need one of these estate agents to buy a home from, so it's really not a good idea...
They can look at banking records, other sold prices in the area, do a sting .... it's not your problem how the Inland Revenue prove it. Whilst UK taxpayers continue to whinge but not help the authorities out it won't be stopped. This is TAX EVASION a criminal offence which hits law abiding citizens on a low income particularly hard. :mad:Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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