Tried searching for this as I am sure this must have been answered somewhere on this site before, but browser just shows a blank and tells me its Done!
Anyway, here's my question. I am getting married soon and my partner has a house already. Do I automatically lose my FTB status when I get married? There are no children and I do not make payments towards the mortgage.
My second Q is, if I initiate a purchase in the next 3 weeks can I qualify for FTB exemption on stamp duty or is that based on date when the deal is finalised? I am planning to buy a site from my parents and I could accelerate the process if there would be any tax advantages to doing so.
Anyone have any advice?
Anyway, here's my question. I am getting married soon and my partner has a house already. Do I automatically lose my FTB status when I get married? There are no children and I do not make payments towards the mortgage.
My second Q is, if I initiate a purchase in the next 3 weeks can I qualify for FTB exemption on stamp duty or is that based on date when the deal is finalised? I am planning to buy a site from my parents and I could accelerate the process if there would be any tax advantages to doing so.
Anyone have any advice?