am i definitely not a first time buyer?

James_Green_1982

danlightbulb wrote: »

Well it was 4 years ago i asked, brain cells arent what they used to be.

Obviously i dont want to evade tax, but there may have been some loopholes i could have utilised so worth checking.

Thanks for replies.

If you had someone you trusted who was classified by the government as a FTB, you could give them the money and have them use the HTB bonus. Then transfer ownership (full or partial) at a later date.
Or if you married that person AFTER the house purchase, you wouldn't need to transfer any ownership - as legally all assets would become 50/50 on marriage.

A lot based on trust and the average wedding is probably more than the HTB ''bonus'' anyway...

James_Green_1982

Slithery wrote: »

Who said life was fair? I'm in the same position as you but accept it because there's nothing I can do to change the situation.

House ownership never appears on your credit file so I don't see what relevance that has.

You (or your solicitor) will have submitted an SDLT return when you purchased, even if the due amount was £0.

Does this include the home buyer's NI number?
Can home ownership be searched by NI number in the UK?
If it's only searchable (via LR / HMRC) via name (not NI number) then there will be a lot of John Smiths to look through...

davidmcn

James_Green_1982 wrote: »

Does this include the home buyer's NI number?

Yes

Can home ownership be searched by NI number in the UK?

No

If it's only searchable (via LR / HMRC) via name (not NI number) then there will be a lot of John Smiths to look through...

In England & Wales I don't think the public can even search by name without a good reason (whereas it's easily accessible in Scotland). Don't know about Northern Ireland.

James_Green_1982

davidmcn wrote: »

Yes
No
In England & Wales I don't think the public can even search by name without a good reason (whereas it's easily accessible in Scotland). Don't know about Northern Ireland.

If the SDLT form sent to HMRC does contain the buyer's NI number - but the LR database is not searchable by NI number (by the govt - not by the public) - then the NI number must not be getting entered onto the LR database by HMRC.
But I would still expect HMRC to be able to produce the property purchase history of any given taxpayer - by searching their own (HMRC) database.

So (to be on the safe side) I would always assume that the government know every UK property that a UK taxpayer owns.

Presumably foreigners are able to buy property in the UK without having a UK NI number? So how do they pay SDLT (if the house is above the threshold amount)?

gettingtheresometime

Bacon_Sandwich wrote: »

Try the same question again in a week or so, you might get better answers next time round.

Well in fairness he's taking the lead from certain politicians

davidmcn

James_Green_1982 wrote: »

Presumably foreigners are able to buy property in the UK without having a UK NI number? So how do they pay SDLT (if the house is above the threshold amount)?

Apparently by providing any sort of official number, whether UK or foreign:

Give a non-UK tax reference
If you don’t have one give one of the following:

Passport number
Driving licence number
ID card number