Originally posted by AtW
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I agree that your scenario does happen but it is illegal to pay more than fair value for contents in order to reduce stamp duty, and of course this will only usually happen around the bandings where it can make a big difference.
To make out as you appear to do that most buyers and sellers are carrying out this illegal practice is wrong, and in any case false reductions in house prices would mean that the land registry prices are under-inflated and this is actually very good news in that house prices have not fallen as much as land registry figures would suggest.
So based on your assertion Atw, perhaps house prices in my area have actually risen by more than 1% in the past year !!
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