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I'm sure what I'm about to say is probably not going to go down well as this thread might as well be called the 'closet tories thread' but you're not going to lose 15k, you're just not going to benefit from a massive tax cut for people that don't need it.
I know this might be a crazy thought but if you can afford a half mill house you don't need a tax break.
Gewürzt-
you're just not going to benefit from a massive tax cut for people that don't need it.
We weren't going to benefit from it anyway because everyone was just adding the stamp duty discount onto their offers.
I agree that it's a tax cut for people who don't need it. Honestly I would rather it hadn't been introduced because we needed to move anyway and now everything is geared towards an arbitrary end of March deadline.
I know this might be a crazy thought but a half decent home shouldn't cost north of £500k. That's years of not building enough houses though.
Fox
That's not good. But sounds like a plan.
We are lucky in that our solicitor is forum recommended, clearly very hard working and efficient. She can't understand why it's taking them so long, but I'm sure @rogan is right and other less good solicitors have taken on more than they can chew with the stamp duty deadline approaching.
It's particularly frustrating because we're the only link in the chain and we have a very 'motivated' buyer who is paying cash and offered £30k over asking, but her offer is conditional on March completion.
I'm not kidding myself that we'll find a buyer/offer like that again, and our sale is all going fine, so if it comes down to it we'll move out and put our stuff in storage. But I think if that happens our opening position should be 'your solicitors are shit so we're going to knock £15k off our offer for stamp duty and £Xk in storage and relocation costs'.
AIBU? The sellers aren't going to get an offer like ours now and they'd be back to square one too. Plus they'll have an inheritance tax bill to pay.