Hypothetical scenario

Pixie5740

Cash purchasers can make their own arrangements to pay SDLT. Those requiring a mortgage must lodge their SDLT funds with their solicitor before completion.

mrginge

ReadyPlayerOne wrote: »

if its the case that a sale can not complete without payment how come there is a late payment charge up to three years?


cant post links but the .gov notes this

You are confusing the rules as laid out by HMRC with the rules put in place by your mortage lender.

AnnieO1234

You'll struggle to get a solicitor who when acting for your lender doesn't also need to retain fees for SDLT.

You're probably better off p'ing off whoever or whatever this mysterious payment is than the tax man. There are usually ways around things that could be explored if you were willing to share. People here aren't being nosey, they're just wanting to assist. xxx

ReadyPlayerOne

Lungboy wrote: »

That appears to be the exact opposite of what everyone has said.

Several people posted while I was typing my response and opinion changed

[Deleted User]

We faced quite a shortfall in being able to pay stamp duty once.. had to resort to the 'bank of rich and generous family member' to provide a loan with favourable payment methods.

Not proud of it though.

Guest101

ReadyPlayerOne wrote: »

Several people posted while I was typing my response and opinion changed


Ok - the bill relates to a family matter rather than a formal debt. Money is needed asap and cant wait. Its safety issue and involves children and housing.

Children + Housing = Council.

ReadyPlayerOne

Thanks Guest101 - you have made my point.


Thanks everyone, I appreciate your replies.

theartfullodger

ReadyPlayerOne wrote: »

.....Ok - the bill relates to a ""family matter"" rather than a formal debt. ...

Well if it isn;t a formal debt it doesn't need to be paid does it eh??

...Money is needed asap and cant wait. Its safety issue and involves children and housing - hence the debate.

So children & any parent who cares about them should "present as homeless" to the local council.

It may sound strange but some dodgy fiddle to get round some tax or housing issue is not a reason to avoid responsibilities: Do it by the book! You know, good old British traditions....

Guest101

ReadyPlayerOne wrote: »

Thanks Guest101 - you have made my point.


Thanks everyone, I appreciate your replies.

Made your point? Ok well glad I could help


It's fine, you put off buying your home, or attempting to defraud society, because someone for whatever reason cant attend the council to seek assistance.


Good luck


(perhaps you could have some lodgers in your new home?)

ReadyPlayerOne

Defraud? No. In each reply intent to pay has clearly been stated.


Delay payment, and pay the relevant fine/fee - maybe.






But as the matter is hypothetical.......