Stamp Duty on buying 50% of a house

[kneelo]

Hi,

I own a 50% share in a house with a friend. I want to sell up and he wants to by my 50%.

Is there stamp duty implications for him buying the 50% share?

Thanks in advance.

 

[NorfBank]

Were you first time buyers when you bought?

from revenue.

What is the position where a person, who had obtained first time buyer relief on the joint purchase of a house with another first time buyer, subsequently acquires the other joint owners interest in the house?

A person who obtained first time buyer relief on the purchase of an interest in a house would not be precluded from obtaining first time buyer relief on a subsequent purchase of another interest in the same house provided that person has not purchased another house or part of another house in the intervening period.