leslens
05-01-14, 10:50
Hi gurus
Can someone enlighten me on the Stamp duty payable and any SSD payable in the scenario of
1. property bought 2013 (4 years SSD applies)
2. Joint tenancy
I wish to convert to a 90% 10% unequal share ratio from joint tenancy to tenancy in commons
do i need to pay 3% of 40% of the market price for stamp duty
or do i need also to pay SSD of 40% of market price for SSD?
Thank you!
Can someone enlighten me on the Stamp duty payable and any SSD payable in the scenario of
1. property bought 2013 (4 years SSD applies)
2. Joint tenancy
I wish to convert to a 90% 10% unequal share ratio from joint tenancy to tenancy in commons
do i need to pay 3% of 40% of the market price for stamp duty
or do i need also to pay SSD of 40% of market price for SSD?
Thank you!