hi are there any circumstances that allow someone who has never owned a property to be liable for for a reduced rate of stamp duty on the first house that they buy.Thanks
I don't think so. What would be the circumstances - e.g. would the MIL be paying rent, who exactly would be buying the property, would the purchasers be owner occupiers? You might need professional tax advice on this matter.
Hi Thanks. I would be purchasing the house for future mother in law to continue living in. She would be paying rent but I would be covering the rest of the mortgage. I would not be living in the house. I thought there was a provision in the stamp duty rules to purchase a house as a first time buyer for a named person to live in.Thanks again