Hello,
A flat we love is on the market for Offers In Excess Of £269k - its been on since January, needs some doing up (no C. heating etc) and is also leasehold and would need a lease extension which would cost the sellers £10k. Any sale would involve the sellers paying this lease extension.
We have had an offer of £250k rejected and really don't want to go higher because of stamp duty and mortgage affordability.
Is there a legal way of making an offer of £250k and, as part of the offer, making an agreement to pay the seller £10k for the lease extension ? thereby avoiding stamp duty? Has anyone done this?
Thanks for reading and for any advice!
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Paying seller for leasehold extension as an 'extra' to stay under SD threshold
5 replies
Bobo23 · 25/09/2012 10:35
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