L LexLuthor Registered User Messages 66 14 Dec 2006 #1 Myself plus siblings have inherited the family home. If I want to buy it from them do I have to pay stamp duty on the portion not inherited by me? e.g.: if there's 4 of us then I pay stamp duty on 3 quarters of value? Thanks.
Myself plus siblings have inherited the family home. If I want to buy it from them do I have to pay stamp duty on the portion not inherited by me? e.g.: if there's 4 of us then I pay stamp duty on 3 quarters of value? Thanks.
C CCOVICH Registered User Messages 8,826 14 Dec 2006 #2 Yes, but the stamp duty payable will be at half the normal rate AKAIK.
C CCOVICH Registered User Messages 8,826 15 Dec 2006 #4 LexLuthor said: yep, think you're right here CCOVICH, thanks. Click to expand... Well I'm not sure to be honest-please get a professional opinion.
LexLuthor said: yep, think you're right here CCOVICH, thanks. Click to expand... Well I'm not sure to be honest-please get a professional opinion.