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From: Richard Faulkner 
Newsgroups: alt.uk.law uk.finance
Subject: Re: Minimising Stamp-Duty on a Property Sale
Date: Wed, 8 Oct 2003 18:31:32 +0100

In article <2TtaMRXJlDh$IwCW@johnboyle1.demon.co.uk>, john boyle
 writes
>In message , Tim  
>writes
>>Purchaser also seems happy enough to pay £260K for house - ie just doesn't
>>want to pay the higher-rate stamp duty.
>>Which means he might be happy enough to pay £260K + £2.6K = £262.6K for
>>house+duty (?).
>>If so, price could be set at £254,951 (with purchaser paying duty of £7,649
>>at 3%) ...
>
>Seems a decent compromise

Presumably nobody else is queuing up to buy this house, otherwise it
could be lost to the OP for the sake of a few grand - which often pales
into insignificance when the probability of not getting the house looms.

-- 
Richard Faulkner