Vendor paying Stamp Duty

5 replies

jenke003 · 04/03/2019 11:19

HELP! Interested in a property where stamp duty payment is being offered.
Do you see this as an incentive to buy (and therefore offer what we believe the property is worth), or should we be offering more as they are paying stamp duty?

OP posts:

MinnieMountain · 04/03/2019 13:57

Ignore the stamp duty and offer what you think the place is worth.

Has it been on the market for a while?

Original poster

jenke003 · 04/03/2019 14:54

Yes - been on for over two years!

Thanks for your advice

OP posts:

wowfudge · 04/03/2019 15:44

They're offering to pay the stamp duty in order to shift it. Definitely don't offer more than you think it is worth.

Original poster

jenke003 · 04/03/2019 15:55

What do you think is a realistic offer on a property which has been on the market for over 2 years, and has been listed at £500k for the entire period - it's had no reductions!

OP posts:

smurfmonkey · 04/03/2019 15:59

It completely depends on the location, the size and the condition of the property, amongst other things...

You perhaps ask the agents if there's a price the owners are aiming for?

Flip