{"id":73005,"date":"2017-11-27T22:07:53","date_gmt":"2017-11-27T15:07:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-son-get-first-time-buyer-stamp-duty-relief-if-we-get-a-joint-mortgage\/"},"modified":"2017-11-27T23:05:24","modified_gmt":"2017-11-27T16:05:24","slug":"will-my-son-get-first-time-buyer-stamp-duty-relief-if-we-get-a-joint-mortgage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-son-get-first-time-buyer-stamp-duty-relief-if-we-get-a-joint-mortgage\/","title":{"rendered":"Will my son get first-time buyer stamp duty relief if we get a joint mortgage?"},"content":{"rendered":"<p>&#013;<br \/>\nWe don\u2019t know how two buyers of different status affect the applicationQ I own the house I live in and want to help my son buy a flat. If we get a joint mortgage, what rate of stamp duty will apply given that he doesn\u2019t currently have a property? SGA If you get a joint mortgage with your son and become the joint owner of the flat, your son will not be able to claim the first-time buyer\u2019s stamp duty land tax (SDLT) relief announced in last week\u2019s budget, and the higher rate \u2013 which is the standard rate plus 3% \u2013 will apply to the whole of the purchase price. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2017\/nov\/27\/will-son-get-first-time-buyer-stamp-duty-relief-joint-mortgage\" target=\"_blank\">Will my son get first-time buyer stamp duty relief if we get a joint mortgage?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; We don\u2019t know how two buyers of different status affect the applicationQ I own the&#46;&#46;&#46;<\/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-73005","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-iZv","jetpack-related-posts":[{"id":121604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-are-the-tax-and-mortgage-implications-if-i-buy-a-flat-with-my-son\/","url_meta":{"origin":73005,"position":0},"title":"What are the tax and mortgage implications if I buy a flat with my son?","date":"August 23, 2021","format":false,"excerpt":"\r I would pay a \u00a3100,000 deposit and want to own two-fifths and leave my share to him in my willQ My 30-year-old son is paying so much in rent that he is struggling to save a big enough deposit to buy his first flat. I have some spare cash\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-we-buy-a-flat-for-our-son-in-my-wifes-name-would-she-be-deemed-a-first-time-buyer\/","url_meta":{"origin":73005,"position":1},"title":"If we buy a flat for our son in my wife\u2019s name would she be deemed a first-time buyer?","date":"September 19, 2022","format":false,"excerpt":"\r I have two houses in my name, so wonder whether including me on a joint mortgage affects stamp dutyQ As our son will go to university next year, we are considering buying a flat or property in the city where the university is for him to live in. We\u2026","rel":"","context":"In &quot;Property News&quot;","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":73005,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-pay-the-higher-rate-stamp-duty-on-new-property\/","url_meta":{"origin":73005,"position":3},"title":"Will I have to pay the higher rate stamp duty on new property?","date":"October 21, 2019","format":false,"excerpt":"\r I\u2019m buying the house with a new partner, but I am still named on a previous mortgageQ Shortly before my ex-wife and I separated, we bought a house together. We are now divorced and both have new partners. I am still named on the mortgage and until recently was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-marry-can-hmrc-claw-back-stamp-duty-on-the-buy-to-let-property-ive-bought\/","url_meta":{"origin":73005,"position":4},"title":"If I marry can HMRC claw back stamp duty on the buy-to-let property I\u2019ve bought?","date":"July 11, 2022","format":false,"excerpt":"\r I made the purchase recently in my name, while my partner has owned a property for five yearsQ My partner and I are not married. He has owned one property for five years. I am neither the legal nor the beneficial owner of that property, although in reality we\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-husband-wants-our-home-in-his-sole-name-can-i-protect-myself\/","url_meta":{"origin":73005,"position":5},"title":"My husband wants our home in his sole name \u2013 can I protect myself?","date":"May 23, 2022","format":false,"excerpt":"\r He says because I part-own a flat there would be an issue with stamp duty, but I don\u2019t feel comfortableQ We are buying our next family home. My husband wants it in his sole name (both on the mortgage and at the Land Registry) but this makes me feel\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/73005"}],"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=73005"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/73005\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=73005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=73005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=73005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}