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Stamp Duty Query
Sparklyday20
Posts: 2
Newbie
Hoping someone on here can help with this. My sister recently returned to the UK (she is a UK citizen). Although she did own a property overseas (now sold) she would now like to buy a property in England for the first time, is she classed as a first time buyer ?
0
Comments
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No, as she's previously owned a property. It doesn't matter that the property was overseas.
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In terms of SDLT, then she isn’t, as she has already owned a property, assuming it sold for more than £40k. In terms of any deals lenders may offer to first time buyers, it depends on the lender. Always worth asking as some may consider her a FTB.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.1
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@silvercar @Emmia Thanks so much for taking the time to respond, couldnt get a straight answer on Google!0
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