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Am I a first time buyer
suhelmulla
Posts: 1 Newbie
Hello people. first post here! sorry if its in the wrong place!
My father bought a property outright with cash in my name. He later transfered it back into his name.
I'm now looking to purchase a property of my own (with a mortgage), am I considered to be a first time buyer and will i be eligable for the goverment stamps duty holiday
Thanks!!
My father bought a property outright with cash in my name. He later transfered it back into his name.
I'm now looking to purchase a property of my own (with a mortgage), am I considered to be a first time buyer and will i be eligable for the goverment stamps duty holiday
Thanks!!
0
Comments
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What do you think? & what does yr father think about selling again..
This site should be linked up to HMRC!0 -
Sorry son.
It looks like you are no longer a first time buyer.Credit Card Debts: £11,605.95/£16,240.53 - 71% paid off.
£4,634.61 credit card debt remaining. Aim for credit card debt free before [STRIKE]October 2011[/STRIKE] December 2012. In debt since 2004.0 -
No stamp duty relief for you, your not a ftb now in the rules:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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sounds dogy, why would he buy it in your name...0
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This action has come back to bite your bottom, maybe he will help you out with the money you saved him?"Banking establishments are more dangerous than standing armies." Thomas Jefferson
"How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen
Debt Apr 2010 £00 -
yep its cost you the stamp duty holiday payment and looks like a bit like 'hiding money' transaction :P...0
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