Quick Q please : If theoretically, I want to offer £260,000 for a property, would it be possible to draw up a contract to purchase the Freehold for £249,999 and to offer to buy the (free-standing) Garage at the end of the garden (or something else on the premises) for £10,001 - hence paying Stamp Duty at 1% on the larger sum, rather than
3% on the entire £260k?? I suppose that this might also depend on whether the garage (or alternative item) was mentioned on the original Sale Particulars too??Or can the IR get petty over such matters?!
Anyone aware of any useful resources for further ideas around Stamp Duty 'creativity'??
TIA, Mark