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
    • reggie1970
    • By reggie1970 30th Nov 17, 4:52 PM
    • 2Posts
    • 0Thanks
    reggie1970
    stamp duty on shared ownership
    • #1
    • 30th Nov 17, 4:52 PM
    stamp duty on shared ownership 30th Nov 17 at 4:52 PM
    Can anyone say if I will need to pay stamp duty on a shared ownership where the property value is £350,000 and my share is 60%
Page 1
    • 00ec25
    • By 00ec25 30th Nov 17, 5:23 PM
    • 5,587 Posts
    • 4,994 Thanks
    00ec25
    • #2
    • 30th Nov 17, 5:23 PM
    • #2
    • 30th Nov 17, 5:23 PM
    it would help if you explain what you are and whether the property is in "London".....
    - first time buyer?
    - existing owner looking to staircase up?
    - what?

    have you even read the basics of how SDLT works for shared ownership? There are 2 choices, once made they cannot be swapped.

    - market value election

    OR

    - pay on staircase stages
    Last edited by 00ec25; 30-11-2017 at 10:35 PM.
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

2,810Posts Today

7,916Users online

Martin's Twitter