Property News · June 26, 2023

If I’m separating from my partner do I count as a first-time buyer?


I’m planning to move out into a house which will cost me £260,000 to buyQ I am currently married and live with my wife and kids in a house that my wife owns. I pay her a share of our total living expenses. We are now separating and I’m planning to move out into a house which will cost me £260,000 to buy. My questions are:can I buy the property as a “first-time buyer” as I’ve never owned a property by myself or with anybody else before?will I have to pay the 3% stamp duty on the house I intend to purchase?we plan on getting separated permanently and for the purposes of the house buying, do I need to do the separation through court? Does the “separation agreement” you find online good for anything? CP Continue reading…

Source : theguardian.com
Read more…If I’m separating from my partner do I count as a first-time buyer?

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