{"id":32827,"date":"2016-11-03T14:00:42","date_gmt":"2016-11-03T07:00:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-am-a-landlord-buying-a-new-home-will-i-pay-extra-stamp-duty\/"},"modified":"2016-11-03T14:10:26","modified_gmt":"2016-11-03T07:10:26","slug":"i-am-a-landlord-buying-a-new-home-will-i-pay-extra-stamp-duty","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-am-a-landlord-buying-a-new-home-will-i-pay-extra-stamp-duty\/","title":{"rendered":"I am a landlord buying a new home \u2013 will I pay extra stamp duty?"},"content":{"rendered":"


\nTwo solicitors say I should pay an extra 3%, which amounts to \u00a37,690 more, because I own properties to let \u2013 are they right?Q I own two properties in Scotland that I have rented out for years. My wife and I bought a house in Cornwall in 2009 and sold it this year in April to move to Devon, where we have been renting and looking for a house to buy. Now we have found somewhere, two solicitors have told us that we will have to pay an extra 3% stamp duty because I own the two properties in Scotland. This amounts to \u00a310,440 instead of \u00a32,750.I have been told that it can be claimed back later. This seems an unnecessary process and I can\u2019t feel secure that I will get it back. The extra \u00a37,690 is a considerable amount and would go a long way towards any alterations that we will have to do to the house. Continue reading…
\n
\nSource : theguardian.com
\nRead more…I am a landlord buying a new home \u2013 will I pay extra stamp duty?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two solicitors say I should pay an extra 3%, which amounts to \u00a37,690 more, because...<\/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-32827","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\/p75ss1-8xt","jetpack-related-posts":[{"id":148343,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/moving-home-here-are-the-keys-to-completing-before-stamp-duty-rises\/","url_meta":{"origin":32827,"position":0},"title":"Moving home? Here are the keys to completing before stamp duty rises","date":"December 2, 2024","format":false,"excerpt":"\r With homebuyers facing thoudsands extra on the bill, the race is on to complete before the deadlineHomebuyers and sellers in England and Northern Ireland must act quickly to ensure property sales are complete before new stamp duty rules come into force next April. Bills for many buyers will increase,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/solicitors-warn-of-stamp-duty-meltdown\/","url_meta":{"origin":32827,"position":1},"title":"Solicitors warn of stamp duty \u2018meltdown\u2019","date":"March 30, 2016","format":false,"excerpt":"\r Estate agents and lawyers rush to complete property deals before Friday\u2019s deadline\r \r Source : ft.com\r Read more...Solicitors warn of stamp duty \u2018meltdown\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/solicitors-work-easter-weekend-to-help-buyers-beat-stamp-duty-deadline\/","url_meta":{"origin":32827,"position":2},"title":"Solicitors work Easter weekend to help buyers beat stamp duty deadline","date":"March 25, 2016","format":false,"excerpt":"\r Landlords and second homebuyers rush to complete deals ahead of 1 April and avoid 3% surchargeLandlords are rushing to complete property purchases before stamp duty changes come into effect in April, with solicitors working over the bank holiday weekend to make sure deals are completed in time.From Friday 1\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-would-a-home-swap-affect-stamp-duty-and-inheritance-tax\/","url_meta":{"origin":32827,"position":3},"title":"How would a home swap affect stamp duty and inheritance tax?","date":"May 29, 2023","format":false,"excerpt":"\r We plan to exchange deeds and move into my mother-in-law\u2019s new \u00a3700,000 house and she will switch to our \u00a3600,000 oneQ I\u2019m hoping you can shed light on an odd situation. My mother-in-law is selling her home and, with the proceeds, is buying a new one for \u00a3700,000. My\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-the-3-stamp-duty-for-second-properties-apply-in-scotland\/","url_meta":{"origin":32827,"position":4},"title":"Does the 3% stamp duty for second properties apply in Scotland?","date":"January 7, 2016","format":false,"excerpt":"\r We might rent out our flat and buy a house, but are unsure if the stamp duty rules apply to our new house even though we\u2019d be living in it Q I live with my wife in a flat in central Glasgow and we\u2019re looking to move somewhere quieter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-investors-rush-to-complete-before-stamp-duty-rise\/","url_meta":{"origin":32827,"position":5},"title":"Buy-to-let investors rush to complete before stamp duty rise","date":"March 31, 2016","format":false,"excerpt":"\r Measure designed to put brake on runaway buy-to-let market with 3% surcharge on second homes takes effect from midnightBuy-to-let landlords, estate agents, mortgage lenders and solicitors firms are locked in a last-minute battle to complete property deals before a stamp duty rise that takes effect at midnight on Friday.Following\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\/32827"}],"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=32827"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32827\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=32827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=32827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=32827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}