{"id":44334,"date":"2017-02-16T18:10:19","date_gmt":"2017-02-16T11:10:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-we-pay-higher-stamp-duty-on-a-buy-to-let-property\/"},"modified":"2017-02-16T18:12:19","modified_gmt":"2017-02-16T11:12:19","slug":"will-we-pay-higher-stamp-duty-on-a-buy-to-let-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-we-pay-higher-stamp-duty-on-a-buy-to-let-property\/","title":{"rendered":"Will we pay higher stamp duty on a buy-to-let property?"},"content":{"rendered":"


\nMy partner and I already own homes, but want to purchase another to help our children later onQ My partner and I \u2013 we are not married \u2013 live in his house, which he owns outright in his sole name. I also have a house in my name only. There is a mortgage on this property, which will be rented out once it has been renovated. We are thinking about jointly buying another buy-to-let house but won\u2019t need a mortgage to do that. The property we are looking at will cost \u00a3220,000. Will we have to pay extra stamp duty because it is a second home?The main reason we\u2019re buying this house is to provide security for our children when they need money later on in life for deposits or university fees. We also want it to help with our planned retirement in five years\u2019 time. We are not buying the house to make money from a quick sale as any money we can get from it will not be touched until such time as it is needed. MB Continue reading…
\n
\nSource : theguardian.com
\nRead more…Will we pay higher stamp duty on a buy-to-let property?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

My partner and I already own homes, but want to purchase another to help our...<\/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-44334","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-bx4","jetpack-related-posts":[{"id":26155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-not-married-so-can-we-avoid-higher-stamp-duty-on-a-second-home\/","url_meta":{"origin":44334,"position":0},"title":"We're not married, so can we avoid higher stamp duty on a second home?","date":"September 15, 2016","format":false,"excerpt":"\r My partner and I are thinking of putting a buy-to-let property in just one of our names to avoid the higher rate of taxQ My partner and I own our home outright. We plan to buy a second property to rent out using \u00a360,000 in savings and a mortgage\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":44334,"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":105645,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-daughter-is-buying-me-out-of-a-house-must-she-pay-stamp-duty\/","url_meta":{"origin":44334,"position":2},"title":"My daughter is buying me out of a house \u2013 must she pay stamp duty?","date":"April 1, 2019","format":false,"excerpt":"\r She hasn\u2019t had a mortgage before, but I\u2019m told she will need to pay stamp duty on a mortgageQ My two daughters and I are the joint owners of a property for which we paid cash (so there is no mortgage involved). One of my daughters lives in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-buying-a-second-home-how-much-stamp-duty-will-i-pay\/","url_meta":{"origin":44334,"position":3},"title":"I'm buying a second home \u2013\u00a0how much stamp duty will I pay?","date":"May 29, 2018","format":false,"excerpt":"\r The HMRC website and my solicitor said it would be \u00a311,000, but I\u2019m being charged \u00a323,600 Q I am currently in the process of buying a second home and am totally confused by the amount of stamp duty I have to pay. I am remortgaging my current home to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/would-we-pay-higher-stamp-duty-if-we-marry-before-buying-together\/","url_meta":{"origin":44334,"position":4},"title":"Would we pay higher stamp duty if we marry before buying together?","date":"January 28, 2019","format":false,"excerpt":"\r We would be tenants in common on the joint propertyQ Please can you advise me whether my partner and I should wait until we marry to buy a new home together or not. I own three rental properties and would probably need to sell my current home to buy\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":44334,"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\/44334"}],"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=44334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=44334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=44334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=44334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}