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Stamp duty

2»

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  • Locornwall wrote: »
    Will the 10% I receive from my buyer be sufficient to pass as the deposit for the house I wish to buy?

    Only your seller can answer that. You get £35K deposit from your buyer. You add £10K and pass the £45K on to your seller. If you don't have the extra £10K then you can ask your seller if the £35K is sufficient. Usually they say yes but obviously we cannot possibly know if they will say yes or no.
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