thespecialon
Registered User
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- 211
A friend of mine lives in town X and works in town Y. he owns a house in town X,where he lives with his girlfriend, he never had a mortatage on it as his parents gave him the site and assisted him in building it. He now wants to purchase a house/apartment in town Y where he works, basically planning to stay a few nights there during the week to reduce his daily commute. Basically wants to know-
Is he considered a first time buyer?
What are the stamp duty + FTB relief implications if any?
If he decides to rent 1 or more of the rooms in the new property, is this taxable?
Is he considered a first time buyer?
What are the stamp duty + FTB relief implications if any?
If he decides to rent 1 or more of the rooms in the new property, is this taxable?