Stamp Duty clawback

S

shamalive

Guest
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?
 
shamalive said:
When a first time buyer, having benefited from a stamp duty exemption
sells the property, is the stamp duty clawed back?
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.