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Stamp Duty Land Tax Rules
lilyann1
Posts: 514 Forumite
I have been told by a friend that if we were to swap houses with our vendor that we would only have to pay SDLT on the difference.
I am selling a 3 bed house at £275k and we are buying at £408k,so we would only have to pay SD on 133k??
Is this right or has that rule been abolished now?
I am selling a 3 bed house at £275k and we are buying at £408k,so we would only have to pay SD on 133k??
Is this right or has that rule been abolished now?
0
Comments
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The rule has been abolished now.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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Thanks silvercar.
Thought it might have,never mind just trying to look into all our options.0
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