My partner is a first-time buyer but I am not. Do we have to pay stamp duty?

I want to buy a home with my fiancee, but already own 20% of another property. Can we benefit from the SDLT relief available to first-time buyers?

Q I have a 20% stake in a house I jointly own with my brother. However, I am looking to buy a house with my fiancee later this year. She is a first-time buyer. Is there any way we can buy a house without having to pay the extra 3% stamp duty land tax (SDLT) and/or get the benefit of SDLT relief for first-time buyers?

Continue reading...

from Property | The Guardian https://ift.tt/2P1reVI
via IFTTT