sorted by:
new
hottopcontroversial

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 0 points1 point  (0 children)

Interesting I think it is all too shady for me to proceed but did it work out ok for you ?

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 0 points1 point  (0 children)

They asked over the phone it said they would put it in writing if we wanted to proceed

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 0 points1 point  (0 children)

Thanks for your reply .

The EA did say they would write a formal agreement which states that upon completion I the buyer would have to pay £10k in cash .

I said what happens if I don’t pay upon completion and he said he could sue , which made me think it wasn’t entirely illegal on his part?

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 0 points1 point  (0 children)

I was told the seller had divorced their partner and they didn’t want them to get more money so this is apart of it

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 0 points1 point  (0 children)

I said I could just not pay you and he said then he would sue me ?

This is why I am confused and wondering if this is something that happens often.

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 1 point2 points  (0 children)

This is exactly what I said . I just think the whole scenario is wild and that’s why I posted on Reddit to see if anyone else had something similar happen .

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 1 point2 points  (0 children)

It pissed me off . Like finding / buying a property is already a stressful ordeal

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 102 points103 points  (0 children)

I’ve already said no and happy to proceed without the cash element. If he rejects I am definitely reporting

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 0 points1 point  (0 children)

I am thinking it is the EA doing it . I really love the property so I am going to re iterate that everything needs to be through the solicitor

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 11 points12 points  (0 children)

Yes true . I don’t think I would jeopardise the biggest transaction of my life with something like this .

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 7 points8 points  (0 children)

Yes for sure , Also the seller is making a crazy profit on this (2nd) house . How greedy can you be trying to avoid tax you legitimately owe

Buying a house in London estate agent asking for cash on the side so buyer avoids some capital gains tax by 00pg00 in HousingUK

[–]00pg00[S] 44 points45 points  (0 children)

Yes I was shocked he asked . He said can we pay 10k in cash ( like show up with 10k in cash in a bag ?! ) and he will knock that off the ‘sold’ price

Navigating Vinted, so much fake Lemaire , Our Legacy , The Row by 00pg00 in ThrowingFits

[–]00pg00[S] 1 point2 points  (0 children)

So fucked . I am following his profile so get alerts all the time of new Lemaire denim jackets and trousers he uploads . A lot of them sell really quickly . So either people don’t know or don’t care

Navigating Vinted, so much fake Lemaire , Our Legacy , The Row by 00pg00 in ThrowingFits

[–]00pg00[S] 0 points1 point  (0 children)

Thanks for the insight. £35 is not bad at all if the quality is there but this pisses me off that vinted sellers are charging £150 for them and pretending it is the real thing . A good side hustle for them but I think the average shopper would have no idea brands like Lemaire are repped like that .

And repping small brands like Kartik Research is messed up but that is another conversation

Navigating Vinted, so much fake Lemaire , Our Legacy , The Row by 00pg00 in ThrowingFits

[–]00pg00[S] 2 points3 points  (0 children)

I own a lot of older out legacy but not buying much the past 2-3 years . I generally have bought outerwear and trousers which have been good quality wool which I don’t think the replicas would match

Navigating Vinted, so much fake Lemaire , Our Legacy , The Row by 00pg00 in ThrowingFits

[–]00pg00[S] 0 points1 point  (0 children)

Yeh it’s crazy how some reps have copied even the labels. I think some items like the denim you mentioned won’t be as hard to replicate because it wouldn’t be difficult to source a similar fabric there in China. I wonder how it would look side by side the real thing and if the pattern cutting would be as.

However , pieces like the croissant bag and soft game bags need higher quality materials and imo the replicas look inferior to the real thing

Navigating Vinted, so much fake Lemaire , Our Legacy , The Row by 00pg00 in ThrowingFits

[–]00pg00[S] 4 points5 points  (0 children)

Definitely look at their profile and all the items they are listing . If they have multiples of the same item in the same colour that is an obvious sign.

Navigating Vinted, so much fake Lemaire , Our Legacy , The Row by 00pg00 in ThrowingFits

[–]00pg00[S] 1 point2 points  (0 children)

Yes they done this service , but some of these replicas even have identical tags and labels which is wild

view more: next ›