We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Payment options of stamp duty
Comments
-
Don't be tempted to get a loan or use a credit card to deposit cash, lenders will and do credit checks prior to completion and can cancel your offer, making you liable to pay the vendor's costs after exchange"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
You certainly can't if you're buying with a mortgage, as the lender will require the solicitor to deal with SDLT and have the necessary funds from you at completion.I cant get it clear in my head why we cant buy the property and pay solicitor and deal with the stamp duty after the purchase, surely our tax due on the property is in some ways our own affair and not strictly linked to the purchase of a property from someone. I see for example there is a £300 capped 12month late fine for admin of the stamp duty which we would happily pay to buy us time to pay stamp duty further down the line?
Solicitors seem to add stamp duty into the bill without asking us but again this is a tax we have to pay cant we control how we want to deal with it away from the house purchase?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards