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Showing results for tags 'duty'.
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Hi, wondering if anyone here can help me as I know there are lots of experience property people here! Bit of a long one but here goes....... I’m selling my large flat to buy a house. I have a plan in mind which is: to sell the flat to a property company that I own the company will need a mortgage to buy the flat the property company will then let out the flat at first, my wife and I will rent the flat from my company we will look for a house to buy once we find one we will move out and buy the house in our names then the flat will be let out
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Hello, If two people buy a property for say £60K, so each person pays £30K ( <£40k) Will there be a 3% stamp duty cost? (assuming each person already has a property) Thanks Howard
