S shamalive Guest 3 Oct 2005 #1 When a first time buyer, having benefited from a stamp duty exemption sells the property, is the stamp duty clawed back? Is there a time limit? ie, if the house is sold before 5/7 years the owner becomes liable?
When a first time buyer, having benefited from a stamp duty exemption sells the property, is the stamp duty clawed back? Is there a time limit? ie, if the house is sold before 5/7 years the owner becomes liable?
C ClubMan Registered User Messages 50,595 3 Oct 2005 #2 shamalive said: When a first time buyer, having benefited from a stamp duty exemption sells the property, is the stamp duty clawed back? Click to expand... No - only if the property is rented out other than under the owner occupier rent a room scheme within the first five years of purchase.
shamalive said: When a first time buyer, having benefited from a stamp duty exemption sells the property, is the stamp duty clawed back? Click to expand... No - only if the property is rented out other than under the owner occupier rent a room scheme within the first five years of purchase.