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#1025393 - 6th Nov 2016 6:16pm Solicitors - Stamp duty
OhYeah Offline
Enthusiast

Registered: 13th Mar 2008
Posts: 144
Loc: newferry
Hi there

Is there a legitimate way to avoid paying the extra stamp duty on a second property?

Cheers

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#1025405 - 6th Nov 2016 7:03pm Re: Solicitors - Stamp duty [Re: OhYeah]
fish5133 Online   content
Forum Master

Registered: 22nd Mar 2010
Posts: 2999
Loc: Heswallish
not sure we have any politicians on the forum.

Put wheels on it.

https://www.moneyadviceservice.org.uk/en/articles/everything-you-need-to-know-about-stamp-duty

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#1025406 - 6th Nov 2016 7:05pm Re: Solicitors - Stamp duty [Re: OhYeah]
diggingdeeper Offline

Wiki Master

Registered: 9th Jul 2008
Posts: 10282
Loc: Birkenhead
If the second property is to become your main residence and you sold another main residence before Nov 26th 2015 then there is a loophole.

The other obvious loophole is someone else buying it but this is risky.
_________________________
In a time of universal deceit - telling the truth is a revolutionary act. George Orwell

When the debate is lost, slander becomes the tool of the loser. Socrates

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#1025429 - 7th Nov 2016 9:15am Re: Solicitors - Stamp duty [Re: OhYeah]
Excoriator Offline
Guardian

Registered: 21st Jan 2010
Posts: 908
Loc: wirral
I respect people who pay their taxes without trying to weasel out of them.

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#1025466 - 7th Nov 2016 3:51pm Re: Solicitors - Stamp duty [Re: Excoriator]
OhYeah Offline
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Registered: 13th Mar 2008
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If you can't help keep out of it,

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