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Do I pay stamp duty if divorced and buying?
millymilly
Posts: 22 Forumite
Hi,
I am divorcing and signing over my share of family house to ex-husband, in line with the agreed consent order issued by court.
In the meantime I am looking for a house in London.
I have read somewhere (on a few websites) that if a house purchase is due to a divorce, there is exempt from paying stamp duty. These seems to be a vague suggestion on newspaper articles etc but I can't find anything concrete to back this up.
Does anyone know if this is true? Will I need to pay stamp duty as I am purchasing due to divorce?
I am divorcing and signing over my share of family house to ex-husband, in line with the agreed consent order issued by court.
In the meantime I am looking for a house in London.
I have read somewhere (on a few websites) that if a house purchase is due to a divorce, there is exempt from paying stamp duty. These seems to be a vague suggestion on newspaper articles etc but I can't find anything concrete to back this up.
Does anyone know if this is true? Will I need to pay stamp duty as I am purchasing due to divorce?
0
Comments
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Yes you will. make sure you sign over your existing house 1st or you will pay an extra 3% and have to claim it back later.0
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