Property News · August 14, 2017

I'm buying a flat as I'm separating – can I reclaim the higher stamp duty?


I want to move out of the marital home and this flat would be the only property in my nameQ My husband owns the house we live in. Things are strained between us and I have decided to buy a flat so I can move out. My solicitor mentioned that I would have to pay the 3% surcharge on stamp duty. I can cover this at the moment and I really want to buy the flat on which I have put down an offer.However, I am unsure whether I can claim this stamp duty back if we separate because this would be the only property in my name. The stamp duty is substantially more – in the region of £12,000. If you could shed some light on claiming stamp duty back in case of a divorce or separation I would greatly appreciate it. PF Continue reading…

Source : theguardian.com
Read more…I’m buying a flat as I’m separating – can I reclaim the higher stamp duty?

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