{"id":124169,"date":"2022-01-10T14:00:43","date_gmt":"2022-01-10T07:00:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-much-stamp-duty-will-we-pay-on-a-new-home-if-we-own-a-buy-to-let\/"},"modified":"2022-01-10T14:04:49","modified_gmt":"2022-01-10T07:04:49","slug":"how-much-stamp-duty-will-we-pay-on-a-new-home-if-we-own-a-buy-to-let","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-much-stamp-duty-will-we-pay-on-a-new-home-if-we-own-a-buy-to-let\/","title":{"rendered":"How much stamp duty will we pay on a new home if we own a buy-to-let?"},"content":{"rendered":"


\nWe\u2019re thinking about selling our current residential property and renting before buying a new-buildQ My partner and I own a residential property that we bought in June 2019 at a cost of \u00a3217,995. I paid \u00a38,399 in stamp duty which was at the higher rate as I owned (and still own) a buy-to-let property.We have are interested in moving to a new-build property that is priced at \u00a3560,000 but it won\u2019t be ready until February 2023 at the earliest. We want to avoid chain-related issues as best as we can, therefore our thinking is to sell our current residential property and move in to rented accommodation. And then, when the new-build property is available for us to reserve, we can do so knowing that we are not part of a long chain which could fall through at any time. Continue reading…
\n
\nSource : theguardian.com
\nRead more…How much stamp duty will we pay on a new home if we own a buy-to-let?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re thinking about selling our current residential property and renting before buying a new-buildQ My...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124169","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wiJ","jetpack-related-posts":[{"id":9008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-pay-higher-stamp-duty-if-i-buy-a-second-home-to-renovate-and-sell-on\/","url_meta":{"origin":124169,"position":0},"title":"Will I pay higher stamp duty if I buy a second home to renovate and sell on?","date":"March 24, 2016","format":false,"excerpt":"\r If I am hit with the new rate, I am wondering if I could claim it back on selling the propertyQ This new higher stamp duty seems awfully complicated. If I buy a second home, renovate it and sell it on within 18 months am I going to be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-2018-govt-raises-buyers-stamp-duty-for-residential-properties-priced-above-1-million\/","url_meta":{"origin":124169,"position":1},"title":"Budget 2018: Govt raises buyer's stamp duty for residential properties priced above $1 million","date":"February 19, 2018","format":false,"excerpt":"\r The Buyer\u2019s Stamp Duty for residential properties priced above $1 million will be raised to 4.0 percent from 3.0 percent previously. With effect from Tuesday (20 February), the Buyer\u2019s Stamp Duty (BSD) rate for residential properties priced above $1 million will be raised to 4.0 percent from 3.0 percent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/02\/New-BSD-rates.jpg?fit=712%2C717&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-bno-emigrants-are-more-likely-to-rent-in-the-uk-than-buy-even-as-a-stamp-duty-holiday-ends-and-home-prices-plunge\/","url_meta":{"origin":124169,"position":2},"title":"Hong Kong\u2019s BN(O) emigrants are more likely to rent in the UK than buy, even as a stamp duty holiday ends and home prices plunge","date":"September 22, 2021","format":false,"excerpt":"\r Hong Kong immigrants under the British National (Overseas) scheme are more likely to rent when they first set foot in the United Kingdom than rushing into buying residential property, brokers said.They are also unlikely to rush into purchase commitments ahead of the end of a stamp duty holiday in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136541,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-unmarried-and-plan-to-buy-a-house-but-what-about-capital-gains-tax-and-stamp-duty\/","url_meta":{"origin":124169,"position":3},"title":"We are unmarried and plan to buy a house but what about capital gains tax and stamp duty?","date":"May 8, 2023","format":false,"excerpt":"\r I own a property, which is in a family probate trust, and she inherited one, and we aim to sell them and use the proceedsQ My partner and I intend to buy a property and move in together. She inherited a property 20 years ago (worth \u00a3300,000) when her\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-landlord-surge-ignites-chain-reaction-in-housing-market\/","url_meta":{"origin":124169,"position":4},"title":"Buy-to-let landlord surge ignites chain reaction in housing market","date":"April 18, 2016","format":false,"excerpt":"\r Rightmove claims landlord rush to beat stamp duty surcharge fuelled rise in homeowners selling up and trading upThe average asking price of homes coming on to the market has risen to a new high, increasing by 1.3% over the past month to an average of \u00a3307,033 as landlords raced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/time-to-upgrade-as-hong-kongs-new-property-stamp-duty-rule-kicks-in\/","url_meta":{"origin":124169,"position":5},"title":"Time to upgrade as Hong Kong\u2019s new property stamp duty rule kicks in","date":"January 15, 2018","format":false,"excerpt":"\r Hong Kong\u2019s recently announced tax relaxation will attract more property buyers and encourage upgrades in the primary market, reviving sales in the ailing pre-owned residential sector, according to analysts. St Barths, the first residential project sale in 2018, sold out its 118 flats on the weekend, partly driven by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124169"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124169"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124169\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}