Stamp Duty problem :-s
17 August 2006, 08:02 PM
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Stamp Duty problem :-s
Have exchanged contracts on a house with a purchase price above the 3% threshold, however the developer (new build) applied a discount that brought it down into the 1% bracket.. this is the amount on the transfer deed etc.
Just had a completion statement from the solicitor saying 3% stamp duty .. yet they (and the developer) both told me it'd be 1%
Will obviously call in the morning but anybody got any ideas what % is correct??
Cheers in advance
Bradders
Just had a completion statement from the solicitor saying 3% stamp duty .. yet they (and the developer) both told me it'd be 1%
Will obviously call in the morning but anybody got any ideas what % is correct??
Cheers in advance
Bradders
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