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Stamp Duty
Jt1
Posts: 1 Newbie
My offer on a house was accepted on the 30th March and is under 250K, will I be liable to Stamp Duty as the dispensation is not lifted until April.
Thanks
Thanks
0
Comments
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Do you mean the first time buyer SDLT holiday?
If so, that ended last weekend - you had to have completed by then, so yes you will be liable to SDLT.
If you mean a relief which relates to specific deprived areas, I don't know.0 -
The SDLT holiday ended on the 23rd of March, and you had to have already completed, exchanging wasn't enough and having an offer accepted was definitely not enough.0
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Also...
"Disadvantaged Areas Relief applies to:
- residential property transactions where the amount paid (or the value of any other 'consideration') is £150,000 or less
- the residential element of 'mixed use' (business and residential) property transactions - for example where a shop and a flat above it are bought together and the amount given for the flat is £150,000 or less."You were only killing time and it'll kill you right back0
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