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Where Taxpayers and Advisers Meet

Help! Stamp duty query?!

devs1302
Posts:2
Joined:Fri Jan 27, 2017 11:13 pm
Help! Stamp duty query?!

Postby devs1302 » Fri Jan 27, 2017 11:32 pm

My partner and I are looking to purchase our first home. My partner owns a buy to let property which he has never resided in - he has owned it for six years. Will we be liable to pay the increased SDLT rate? We have been renting - we've not owned a main residence before.

maths
Posts:8507
Joined:Wed Aug 06, 2008 3:25 pm

Re: Help! Stamp duty query?!

Postby maths » Sun Jan 29, 2017 3:36 pm

Yes the purchase will be subject to the 3% charge.


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