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Stamp duty help
Surfbelly1
Posts: 2 Newbie
Hello, I’m buying a house in wales 172500, I was divorced so not on a mortgage for 3.1 years. They are saying I will have to pay 8625 stamp duty as I’m a third owner of a rental property. I can understand if I own another property but I’m only in shares. Can anyone help with this please? Thanks
0
Comments
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What is the value of your third share, please?If you've have not made a mistake, you've made nothing1
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Is your share worth £40, 000 or more than you are liable to pay Land Trransaction Tax.1
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