We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
SDLT Query
Options
EmsLdn
Posts: 58 Forumite
Hello all,
My apologies if this question has already been asked a number of times - I was unable to find the answer.
My husband and I are exploring homeownership together. He has never owned a property before. I have had my name on a property before with an ex partner who needed my details to boost his buying power - our financial relationship was dissolved a decade ago and I am now unable to find records of whether or not I was ever an 'owner' of the property. I paid no money towards the mortgage or the deposit, and never lived in the property.
Does my prior property situation mean I was actually a property owner, and therefore ineligible for any SDLT discounts for a property under £500,000? If I am indeed disqualified from the discount, does my presence in a future purchase remove my husband's discount, also?
We've been saving for a while but will need to save for even longer (and therefore pay more rent) if we now need to save for stamp duty too.
Cheers for your advice and guidance :beer:
My apologies if this question has already been asked a number of times - I was unable to find the answer.
My husband and I are exploring homeownership together. He has never owned a property before. I have had my name on a property before with an ex partner who needed my details to boost his buying power - our financial relationship was dissolved a decade ago and I am now unable to find records of whether or not I was ever an 'owner' of the property. I paid no money towards the mortgage or the deposit, and never lived in the property.
Does my prior property situation mean I was actually a property owner, and therefore ineligible for any SDLT discounts for a property under £500,000? If I am indeed disqualified from the discount, does my presence in a future purchase remove my husband's discount, also?
We've been saving for a while but will need to save for even longer (and therefore pay more rent) if we now need to save for stamp duty too.
Cheers for your advice and guidance :beer:
:hello: :footie:
0
Comments
-
Yes you are no counted as a FTB as you owned or part owned a property0
-
Have you been able to obtain a copy of the title deeds to the previous property?in S 38 T 2 F 50
out S 36 T 9 F 24 FF 4
2017-32 2018 -33 2019 -21 2020 -5 2021 -4 20220 -
Hi @need an answer,
I have not requested title deeds to the property as I assumed the deeds would show current owner information. Would they show historical ownership also?
Off to investigate!
Thanks,
Emma:hello: :footie:0 -
You can apply for historical copies of the title register.0
-
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.5K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards