{"id":138266,"date":"2023-07-10T13:00:06","date_gmt":"2023-07-10T06:00:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-buying-a-shared-ownership-flat-how-should-we-pay-stamp-duty\/"},"modified":"2023-07-10T13:04:44","modified_gmt":"2023-07-10T06:04:44","slug":"were-buying-a-shared-ownership-flat-how-should-we-pay-stamp-duty","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-buying-a-shared-ownership-flat-how-should-we-pay-stamp-duty\/","title":{"rendered":"We\u2019re buying a shared ownership flat \u2013 how should we pay stamp duty?"},"content":{"rendered":"


\nWe have the choice to settle it all at once, or for just our 45% share of the propertyQ My partner and I are paying \u00a3333,000 to buy a 45% share of a flat costing \u00a3740,000 under the shared ownership scheme.Does it make sense to pay the stamp duty all at once in the beginning, or should we only pay the part for the 45% share and pay the rest when we staircase above 80%?COA When buying a shared ownership property in England or Northern Ireland, you can choose between paying the stamp duty land tax (SDLT) bill all in one go \u2013 called \u201cmaking the market value election\u201d \u2013 or in stages. Continue reading…
\n
\nSource : theguardian.com
\nRead more…We\u2019re buying a shared ownership flat \u2013 how should we pay stamp duty?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We have the choice to settle it all at once, or for just our 45%...<\/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-138266","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-zY6","jetpack-related-posts":[{"id":125718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/did-we-pay-4000-stamp-duty-unnecessarily-when-selling-our-flat\/","url_meta":{"origin":138266,"position":0},"title":"Did we pay \u00a34,000 stamp duty unnecessarily when selling our flat?","date":"April 4, 2022","format":false,"excerpt":"\r Shared-ownership property was sold under process of back-to-back staircasingQ My fiancee and I have recently sold our shared-ownership flat under an increasingly popular process known as back-to-back or simultaneous staircasing. We owned 40% but decided, with a view to making the flat more marketable, we would sell 100% \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-buy-a-house-in-my-name-but-put-my-partner-on-the-mortgage\/","url_meta":{"origin":138266,"position":1},"title":"Can I buy a house in my name but put my partner on the mortgage?","date":"July 13, 2020","format":false,"excerpt":"\r I\u2019m worried we won\u2019t be eligible for the stamp duty cut as my fiance owns a flat he can\u2019t sellStamp duty: what is it and what has the chancellor changed?Q I live with my fiance, who part-owns a one-bedroom flat in south London through a shared- ownership scheme. He\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-buying-a-flat-with-my-boyfriend-how-do-we-split-ownership-fairly\/","url_meta":{"origin":138266,"position":2},"title":"I'm buying a flat with my boyfriend \u2013 how do we split ownership fairly?","date":"December 3, 2015","format":false,"excerpt":"\r I am putting down a big deposit and he is taking out a mortgage, but we can\u2019t agree on how to calculate what percentage of the property we will both ownQ My boyfriend and I are going to buy a flat together. The purchase price of the flat is\u2026","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":138266,"position":3},"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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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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138266"}],"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=138266"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138266\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}