Can you purchase a house without NI Number?

juanmanuelmarquez

Good Afternoon Folks,

A quick query - just wondering out of curiosity, if I am able to purchase a house without an NI Number? My understanding is, yes I would need an NI number for determining stamp duty purposes. However, if I was to purchase a house less than £40k, then would this still apply (bearing in mind I wont need to get a mortgage, as long as I can provide source of funds, will this not be sufficient).

Would I still need to apply for my NI number?



Many Thanks

Miss_Samantha

Of course you can. How do foreign investors do?

AnotherJoe

Why is an NI number needed for stamp duty purposes ? Isn't it just on the value ?

AdrianC

Miss_Samantha wrote: »

Of course you can. How do foreign investors do?

If they're letting it out, then they'll need one for their UK tax return.
https://www.gov.uk/tax-uk-income-live-abroad/rent

elephantrosie

a house for 40k?
liverpool, grimsby, manchester, bradford, etc?

Miss_Samantha

AdrianC wrote: »

If they're letting it out, then they'll need one for their UK tax return.
https://www.gov.uk/tax-uk-income-live-abroad/rent

Having income in the UK isn't the same as buying property in the UK, which is the actual question. (Not even sure you need a NI number if letting as there is no NI contributions).

AdrianC

Miss_Samantha wrote: »

Having income in the UK isn't the same as buying property in the UK, which is the actual question. (Not even sure you need a NI number if letting as there is no NI contributions).

Sure, but apart from a disproportionately talked-about group of prime central London properties, overseas investors don't buy properties to leave them sat empty. They buy them to let out.

davidmcn

AnotherJoe wrote: »

Why is an NI number needed for stamp duty purposes ? Isn't it just on the value ?

It's one of the questions on the SDLT return (they're not really bothered about whether you're paying NI, but it's a unique identifier so they can link it up with your other tax affairs).

Anyway, the answer is given on their website:

For an individual who does not have a permanent National Insurance number, enter one of the following:

• non-UK tax reference number

if you don’t have this, enter any of the following:

• passport number
• driving licence number
• ID card number

juanmanuelmarquez

Im none the wiser! Paying tax would different scenario. My query is once i have agreed the asking price, and release funds provide ID, solicitors do ID check, conflict check Etc...would i need to provide NI no.

sparky130a

Shady as hell then!

davidmcn

juanmanuelmarquez wrote: »

Im none the wiser! Paying tax would different scenario. My query is once i have agreed the asking price, and release funds provide ID, solicitors do ID check, conflict check Etc...would i need to provide NI no.

I thought you were only asking about stamp duty? Anyway, no, they just need to be satisfied about your identity, whether you have an NI number is irrelevant.

If you want to know exactly what information your solicitor will need - ask your solicitor!