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Stamp duty and divorce...

2 replies

mummyjules8 · 20/04/2023 10:06

Hi there,
I am divorced and all finances split. We live together and plan to do so until the children are a bit older (at least another 5 years hopefully).
We have moved into a smaller home which my husband owns. I got half the money from our old house.
My question is...if I use my half of the money for a buy a buy to let is that considered a second home as it's a buy to let, or a primary home (since my ex husband owns the home I live in). Just thinking of stamp duty which can add a fair bit.
Thanks.

OP posts:
123sunshine · 20/04/2023 12:47

As you are divorced you can buy a house without being subject to the higher stamp duty charge.

mummyjules8 · 21/04/2023 10:14

Thanks that's great. I have been looking at the gov website too so all looks fine.

OP posts:
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