• Stamp Duty Declaration

    By Guest on 07th Jul 2022

    Hi,
    I'm looking to buy a home in the UK that I will use as my primary residence, but I currently own a 50% share in an overseas residential property my sister lives in. My share is worth 25000£. My understanding is that this means I would not be required to pay the second home rate for stamp duty, as the value is below 40k. My question is, is this correct and if so, when filling out the stamp duty declaration, is it just a simple declaration I sign that the property is worth less than 40k, or do I need to attach some sort of proof, like an official valuation?

  • No answers has been posted yet!

  • Post Your Answer


  • Do you want to be informed of further comments / replies? Yes No

Ask a Question

Search