TheCountOfNowhere Posted November 23, 2010 Share Posted November 23, 2010 http://www.rightmove.co.uk/property-for-sale/property-30534356.html 4 bedroom detached house for sale Offers in Excess of £525,000 Little Hay Lane,Little Hay,Lichfield From property bee: 22 November 2010 * Price changed: from 'Offers in Region of £575,000' to 'Offers in Excess of £525,000' [Found by n/a] 05 November 2010 * Price changed: from 'Offers in Region of £599,000' to 'Offers in Region of £575,000' [Found by n/a] 21 October 2010 * Status changed: from 'Sold STC' to 'Available' [Found by n/a] 17 October 2010 * Status changed: from 'Available' to 'Sold STC' [Found by n/a] 07 August 2010 * Price changed: from 'Offers in Region of £650,000' to 'Offers in Region of £599,000' [Found by n/a] 17 July 2010 * Initial entry found. [Found by n/a] The buyers that pulled out must be looking at this thinking...what were we thinking !!!! It just goes to show the stamp duty thresholds at £250K and £500K produce some anomollies, the E.A. would be saying something like...we'll we think it's worth about £550K...but no one will pay that because of the stamp duty threshold...so lets oput it on at £650K and you might get £600 or £550".....this produces a bit of a disparagy at these boundary prices meaning you will either pay a bit less or a lot more !!!! Quote Link to comment Share on other sites More sharing options...
kilroy Posted November 23, 2010 Share Posted November 23, 2010 http://www.rightmove.co.uk/property-for-sale/property-30534356.html 4 bedroom detached house for sale Offers in Excess of £525,000 Little Hay Lane,Little Hay,Lichfield From property bee: 22 November 2010 * Price changed: from 'Offers in Region of £575,000' to 'Offers in Excess of £525,000' [Found by n/a] 05 November 2010 * Price changed: from 'Offers in Region of £599,000' to 'Offers in Region of £575,000' [Found by n/a] 21 October 2010 * Status changed: from 'Sold STC' to 'Available' [Found by n/a] 17 October 2010 * Status changed: from 'Available' to 'Sold STC' [Found by n/a] 07 August 2010 * Price changed: from 'Offers in Region of £650,000' to 'Offers in Region of £599,000' [Found by n/a] 17 July 2010 * Initial entry found. [Found by n/a] The buyers that pulled out must be looking at this thinking...what were we thinking !!!! It just goes to show the stamp duty thresholds at £250K and £500K produce some anomollies, the E.A. would be saying something like...we'll we think it's worth about £550K...but no one will pay that because of the stamp duty threshold...so lets oput it on at £650K and you might get £600 or £550".....this produces a bit of a disparagy at these boundary prices meaning you will either pay a bit less or a lot more !!!! Buyers who "pulled out" are probably thinking more along hte lines of "Nast nasty bank surveyor. Now some pikey is going to buy OUR house for a song!" Quote Link to comment Share on other sites More sharing options...
Number79 Posted November 23, 2010 Share Posted November 23, 2010 there is a house in out road that has been on since march at £390k. It just came on with another agent at £399k presumable at an inflated price so that they can drop more off. Wont work though, being listed £9k more than the other agents are then I know who is going to get the phone calls Quote Link to comment Share on other sites More sharing options...
mikthe20 Posted November 23, 2010 Share Posted November 23, 2010 It just goes to show the stamp duty thresholds at £250K and £500K produce some anomollies, the E.A. would be saying something like...we'll we think it's worth about £550K...but no one will pay that because of the stamp duty threshold...so lets oput it on at £650K and you might get £600 or £550".....this produces a bit of a disparagy at these boundary prices meaning you will either pay a bit less or a lot more !!!! True, if it works - if it doesn't sell it'll get dragged down below £500k, having skipped the £500k-£575k range. Stamp duty thresholds are both repelling and attracting magnets. Quote Link to comment Share on other sites More sharing options...
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