stamp duty, 2 purchasers,

pos

Registered User
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12
situation where 1st purchaser is ftb and 2nd isn't,
does anyone know the situation with this,
buying 50/50 share in property worth 317,000

are they both liable to stamp duty as one of them isn't a ftb or is the purchase price split so no stamp duty for ftb and stamp duty of half the purchase price for investor
 
You are liable for the full stamp duty amount seeing as one of you has bought before. The fact that one of you is a ftb does not matter. Silly rule/law I know.
 
cheers,
so ftb loses out really by buying with someone else
oh well