{"id":131282,"date":"2022-10-31T14:00:48","date_gmt":"2022-10-31T07:00:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-live-abroad-but-plan-to-buy-a-uk-house-to-rent-out-what-stamp-duty-will-we-pay\/"},"modified":"2022-10-31T14:20:45","modified_gmt":"2022-10-31T07:20:45","slug":"we-live-abroad-but-plan-to-buy-a-uk-house-to-rent-out-what-stamp-duty-will-we-pay","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-live-abroad-but-plan-to-buy-a-uk-house-to-rent-out-what-stamp-duty-will-we-pay\/","title":{"rendered":"We live abroad but plan to buy a UK house to rent out. What stamp duty will we pay?"},"content":{"rendered":"


\nThe property we want is \u00a3500,000 and my husband previously owned a flat in Britain but it has been soldQ My husband and I are planning to buy a house together but we\u2019re really confused about what stamp duty we\u2019ll need to pay.We\u2019re both British but we are currently living and working abroad so aren\u2019t residents. I\u2019m aware that we\u2019ll need to pay a higher rate of stamp duty because of this. We plan to live abroad for at least another four to six years but would like to buy a property in the UK now. We plan to rent out the house until we return, when the house will become our family home.We\u2019re confused about whether this means we need to pay the additional 3% for buy-to-let or second homes. It will be our only property (although my husband has previously owned a flat in the UK, this was sold more than a year ago). We do not own property abroad. The house we want to buy will cost \u00a3500,000.TH Continue reading…
\n
\nSource : theguardian.com
\nRead more…We live abroad but plan to buy a UK house to rent out. What stamp duty will we pay?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The property we want is \u00a3500,000 and my husband previously owned a flat in Britain...<\/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-131282","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-y9s","jetpack-related-posts":[{"id":132636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-we-pay-higher-stamp-duty-on-buying-a-uk-home-if-we-keep-our-eu-flat\/","url_meta":{"origin":131282,"position":0},"title":"Do we pay higher stamp duty on buying a UK home if we keep our EU flat?","date":"December 12, 2022","format":false,"excerpt":"\r My husband and I are in Budapest and we want to get a property in Britain for about \u00a3325,000Q My husband and I are looking to buy a property in the UK and our budget is about \u00a3325,000. I already own a flat in Budapest, which my parents bought\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"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":131282,"position":1},"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":102321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-i-count-as-a-first-time-buyer-if-i-inherit-a-share-of-a-home-abroad\/","url_meta":{"origin":131282,"position":2},"title":"Do I count as a first-time buyer if I inherit a share of a home abroad?","date":"December 17, 2018","format":false,"excerpt":"\r I\u2019m worried I\u2019ll lose my bonuses in a help-to-buy Isa and\/or relief from stamp duty land tax Q My partner and I are looking to buying our first home in London together so have both been saving in help-to-buy Isa accounts. However, I am soon inheriting soon a share\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-pay-higher-rate-stamp-duty-if-i-keep-a-rental-flat\/","url_meta":{"origin":131282,"position":3},"title":"Will I have to pay higher-rate stamp duty if I keep a rental flat?","date":"November 1, 2021","format":false,"excerpt":"\r My husband and I are planning to sell the house we live in, which is our main residenceQ I bought a flat in 2016 and lived there for a couple of years. I then got married in 2018 and moved in to my husband\u2019s house, which he\u2019d bought in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-downsize-and-buy-in-spain-will-i-pay-the-higher-stamp-duty\/","url_meta":{"origin":131282,"position":4},"title":"I want to downsize and buy in Spain. Will I pay the higher stamp duty?","date":"January 21, 2016","format":false,"excerpt":"\r A reader wants to know whether they will be affected by the Treasury's 3pc stamp duty surcharge if they own property abroad\r \r Source : telegraph.co.uk\r Read more...I want to downsize and buy in Spain. Will I pay the higher stamp duty?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63632,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-buying-a-flat-as-im-separating-can-i-reclaim-the-higher-stamp-duty\/","url_meta":{"origin":131282,"position":5},"title":"I'm buying a flat as I'm separating \u2013 can I reclaim the higher stamp duty?","date":"August 14, 2017","format":false,"excerpt":"\r 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. 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