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Stamp duty when I don't currently own a property
Belle333
Posts: 4 Newbie
Looking for a bit of advice on paying stamp duty. I previously owned a house with my Dad but I am no longer on the deeds and have transferred my equity across to him. I'm currently renting but in the process of buying a property. I appreciate I'm not a first time buyer but does that mean I pay the full amount of stamp duty, regardless of me not being in an owned property currently?
Any thoughts very welcome!
Any thoughts very welcome!
0
Comments
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You can find out using the stamp duty calculator on gov.uk. It askes you whether you have ever owned a house, not whether you own one now.0
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Yes you have to pay the full stamp duty if you have ever owned or part owned any property.2
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of course you have to pay the "full" rate if your purchase cost is above the zero rate threshold.
Does not matter if you are or are not a previous owner given you already accept you cannot claim FTB rate
read the facts for yourself
Stamp Duty Land Tax: Residential property rates - GOV.UK0
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