Bought a house last December - new build & no stamp duty payable as it's under the threshold. We spent quite a long time doing it up so never actually moved into it.
Now however, our situation has changed and it looks like we may sell it and buy elsewhere. The only problem is that the 3rd phase of the estate is still under construction, so I don't see why anyone would buy our house as a second-hand home (ie paying stamp duty on the purchase), when identical houses are available more cheaply as brand-new homes without having to pay stamp duty.
Is there any way to get around this? Given that we never lived in the house, is it possible to sell it as a new home?
thanks!
Now however, our situation has changed and it looks like we may sell it and buy elsewhere. The only problem is that the 3rd phase of the estate is still under construction, so I don't see why anyone would buy our house as a second-hand home (ie paying stamp duty on the purchase), when identical houses are available more cheaply as brand-new homes without having to pay stamp duty.
Is there any way to get around this? Given that we never lived in the house, is it possible to sell it as a new home?
thanks!