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Stamp Duty

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Grace007
Grace007 Posts: 22 Forumite
Fourth Anniversary 10 Posts
in House buying, renting & selling
I am on the Mortgage with my Mother, it was a right to buy as I live with her and she was not earning enough so we are both on the Mortgage I pay in full.  We now only owe 3,000
I now intend to buy my own house, will it be 
buying my first home   
buying my next home   
buying an additional property ( for stamp duty purposes  )

Comments

  • user1977
    user1977 Posts: 17,896 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    The mortgage isn't relevant, it's whether you're an owner which matters. I'll assume you're joint owners with your mother. In which case your purchase will be of an additional property (assuming you remain on the title of your mum's home).
  • JGB1955
    JGB1955 Posts: 3,857 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    No, No, Yes
    #2 Saving for Christmas 2024 - £1 a day challenge. £325 of £366
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