Stamp Duty Holiday - Back Dated?

moneysavinghero

Luckystarr_2 said:

We completed this morning but our solicitor paid the stamp duty a few days ago so no idea if we can claim it back. If not it’s not the end of the world, we expected to pay it but with a lot of work to do on the house it would be very welcome. 

You sure they not just pocketing the Stamp Duty themselves? No need to pay stamp duty until after completion (up to 30 days after). I'd be asking your solicitor why they decided to pay it in advance.

NottsLL

Where is info about when the holiday is valid from and the details? If I have already made and have an offer accepted, but not completed, will I qualify, or is it for brand new sales?

[Deleted User]

As I’ve understood it, it’s from today. So any exchange/completion that takes place as from today, you’re exempt from stamp duty 

Marvel1

nicolebarton said:

I agree, the reason I am so upset is I am 8 months pregnant and we HAD to move as they locked down just as we had given up our accommodation and had to live in temporary accommodation during lockdown with family, which was so stressful.  To now have committed to a house purchase and lost £5k because he won't backdate it when we were in catch 22 situation as had nowhere to live and a baby on the way is really unfair as Coronavirus has impacted us heavily.  He should really be backdating it for those impacted!  We only completed a few weeks ago and that was because we had to push it through to get somewhere to live in time to give birth.

If the tax was raised, would you want it backdated to pay higher?

skellz

Had our house up for sale over a year. Two transactions fell through and managed to find a buyer through the pandemic. Agreed a significantly reduced price if the transaction moved quickly as we were getting fed up of the process and had found a house to purchase. Completed a week ago, house needs significant works and cost just over £10k in SDLT. We would absolutely love some of this back even if it’s just half, come on mr chancellor be fair to those who are in a similar position....

Marvel1

skellz said:

Had our house up for sale over a year. Two transactions fell through and managed to find a buyer through the pandemic. Agreed a significantly reduced price if the transaction moved quickly as we were getting fed up of the process and had found a house to purchase. Completed a week ago, house needs significant works and cost just over £10k in SDLT. We would absolutely love some of this back even if it’s just half, come on mr chancellor be fair to those who are in a similar position....

If it was raised, would you be willing to pay the extra?

hazyjo

moneysavinghero said:

Luckystarr_2 said:

We completed this morning but our solicitor paid the stamp duty a few days ago so no idea if we can claim it back. If not it’s not the end of the world, we expected to pay it but with a lot of work to do on the house it would be very welcome. 

You sure they not just pocketing the Stamp Duty themselves? No need to pay stamp duty until after completion (up to 30 days after). I'd be asking your solicitor why they decided to pay it in advance.

If they're getting a mortgage, the solicitor will want it ahead of completion. Doesn't sound as though it's due now though so expect a refund if completing today (as far as I'm aware).

leannedarby

There is a petition but I can not share the link to get stamp duty refunds backdated 

leannedarby

Petition name -

Abolish Stamp Duty on all transactions during Corona Virus pandemic

Please sign!

Natashax_123

We should have completed today but our vendor wanted it rushing through to completed completed Friday. I have just lost my job Monday and the £4000 paid for stamp duty would of secured us for a couple of months. Absolutely devastated. I hope they back date it.