Stamp Duty Joint Purchase One FTB

nightpark

Registered User
Messages
17
I was wondering what the current situation is regarding two individuals purchasing a house one of which is a first time buyer and the other is not. Myself and my better half are looking at buying a house, I already have a house already but she does not.

I think I read somewhere about this type of situation in the coverage of the budget but I can't find it and from memory it runs out in 2013. Is it full stamp duty or half of it. We are not currently married and are cohabiting if that makes any difference.
 
There's no more stamp duty relief for FTBs so it won't make any difference, you'll be paying full whack no matter what.
 
Apologies I think I got mixed up between the exemption from stamp duty and the property tax. Would I be correct in saying that first time buyers are exempt from the property tax until 2016. How would that then work for a couple one of which is a FTB and the other is not?
 
Can't say for sure, but I would think you may have you put the house in your OH's name to avail of that.