Help me out with the new stamp duty?
cerealatmidnight · 23/09/2022 17:53
Good time to split!
Can we sell our family home and buy two flats for under 250k and not pay any stamp duty now?
Eastangular2000 · 23/09/2022 17:56
No. Second flat you will pay 3% on
Eastangular2000 · 23/09/2022 17:57
unless of course you mean you will be divorcing in which case probably
gogohmm · 23/09/2022 17:58
As long as you are separating you can - I think you have to legally divorce within 18 months or something like that (you might pay the additional stamp charge then get it refunded)
cerealatmidnight · 23/09/2022 18:14
What if we're not married
Eastangular2000 · 23/09/2022 18:15
then i guess you will be fine if you are both just buying properties as individuals. how is your current property owned - joint tenants or tenants in common?
cerealatmidnight · 23/09/2022 18:26
Joint tenants :(
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