Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • tb990221987
    • By tb990221987 13th Sep 17, 9:34 PM
    • 1Posts
    • 0Thanks
    tb990221987
    Second home surcharge
    • #1
    • 13th Sep 17, 9:34 PM
    Second home surcharge 13th Sep 17 at 9:34 PM
    I own my flat, my girlfriend and I would one day like to buy a house together. She is not named on the flat.

    Does anyone know what part or all of the second home stamp duty surcharge would apply if we bought together but I kept the flat for rental income?

    Thanks!
    T
Page 1
    • 00ec25
    • By 00ec25 13th Sep 17, 9:57 PM
    • 5,382 Posts
    • 4,732 Thanks
    00ec25
    • #2
    • 13th Sep 17, 9:57 PM
    • #2
    • 13th Sep 17, 9:57 PM
    I own my flat, my girlfriend and I would one day like to buy a house together. She is not named on the flat.

    Does anyone know what part or all of the second home stamp duty surcharge would apply if we bought together but I kept the flat for rental income?

    Thanks!
    T
    Originally posted by tb990221987
    read the guide, it is very simple, if you purchase together as joint owners and one of you already has a (retained) property then the higher rate SDLT applies to the WHOLE purchase price not just a part of it

    basics here:
    https://www.gov.uk/guidance/stamp-duty-land-tax-buying-an-additional-residential-property

    full blown guide here:
    https://www.gov.uk/government/publications/stamp-duty-land-tax-higher-rates-for-purchases-of-additional-residential-properties
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,018Posts Today

7,369Users online

Martin's Twitter
  • Have a lovely weekend folks

  • Interesting, most people say they would champion a policy from a party they usually oppose. Yet is anyone brave eno? https://t.co/MWYGHunAqu

  • RT @MSE_Deals: The MSE deals team are in the office nice and early to bring you full analysis of all the #BlackFriday deals throughout the?

  • Follow Martin