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    • imi78
    • By imi78 22nd Sep 16, 3:17 PM
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    imi78
    1st property gifted but looking to buy new home- will i incur 2nd property stamp duty
    • #1
    • 22nd Sep 16, 3:17 PM
    1st property gifted but looking to buy new home- will i incur 2nd property stamp duty 22nd Sep 16 at 3:17 PM
    Hi

    i was gifted a property by a family member a few years ago,but i am looking to buy a new property, will i have to pay the extra 2nd property stamp duty and would this purchase be considered as a 2nd property even though i haven't purchased a property ever before

    many thanks for input
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    • Guest101
    • By Guest101 22nd Sep 16, 3:19 PM
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    Guest101
    • #2
    • 22nd Sep 16, 3:19 PM
    • #2
    • 22nd Sep 16, 3:19 PM
    Yes. (I think it's fairly obvious)
    • theartfullodger
    • By theartfullodger 22nd Sep 16, 3:19 PM
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    theartfullodger
    • #3
    • 22nd Sep 16, 3:19 PM
    • #3
    • 22nd Sep 16, 3:19 PM
    Yeah. Why would you think not?

    Capitals can be used
    • marksoton
    • By marksoton 22nd Sep 16, 3:29 PM
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    • 22nd Sep 16, 3:29 PM
    • #4
    • 22nd Sep 16, 3:29 PM
    1 + 1 = 2

    Ummmmm...
    I'm an idiot troll. Apparently...
    • bod1467
    • By bod1467 22nd Sep 16, 3:38 PM
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    • #5
    • 22nd Sep 16, 3:38 PM
    • #5
    • 22nd Sep 16, 3:38 PM
    Capitals can be used
    Originally posted by theartfullodger
    They were.

    Hi
    Originally posted by imi78
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    Main site > MoneySavingExpert.com Forums > Household & Travel > Motoring > Parking Tickets, Fines & Parking >
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    • #6
    • 22nd Sep 16, 3:54 PM
    • #6
    • 22nd Sep 16, 3:54 PM
    i was gifted a property by a family member a few years ago,but i am looking to buy a new property, will i have to pay the extra 2nd property stamp duty
    Originally posted by imi78
    Yes you will have to pay extra stamp duty unless you live in the existing property and are planning on replacing it with the new one.

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