P
pandt2306
Guest
Hi
Apologies for another Stamp Duty question, but I am not sure about Stamp Duty in the scenario below
I am buying a new house, max. size 1,800sq.ft, to become my primary residence and I may or may not sell my existing property (which is my current primary residence).
I have been told that I am exempt from Stamp Duty if the house I purchase is a newly constructed house but I am liable for stamp duty if the house is second hand.
Is this correct or are there other condition such as house size that may make me liably for stamp duty
Thanks in advance and again sorry for another stamp duty question.
Apologies for another Stamp Duty question, but I am not sure about Stamp Duty in the scenario below
I am buying a new house, max. size 1,800sq.ft, to become my primary residence and I may or may not sell my existing property (which is my current primary residence).
I have been told that I am exempt from Stamp Duty if the house I purchase is a newly constructed house but I am liable for stamp duty if the house is second hand.
Is this correct or are there other condition such as house size that may make me liably for stamp duty
Thanks in advance and again sorry for another stamp duty question.