• 2nd Home Stamp Duty

    By Guest on 27th Jul 2020

    Hello, I am looking to buy a house. I currently own 1% of another house valued at £4000. Will I need to pay 2nd home stamp duty on the house I am buying or is the £4000 share in another house exempt? Thank you.

  • 1 Answers

    By NotaryExpress on 28/07/2020

    No, as your share of the property you own in the other house is under £40,000, it can be disregarded.

    www.notaryexpress.co.uk

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