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second home stamp duty surcharge.

Discussion in 'General Chit Chat' started by bigmac, May 23, 2016.

  1. bigmac
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    bigmac Well-Known Member Trusted Member

    i had an offer accepted to purchase a house locally earlier this month. i received my solicitors paperwork--and made a shock discovery.

    it seems i will be liable for the above surcharge--as my wife owns her property back in the philippines.---even if she is not party to the purchase of this place i am buying. in cash terms--it means an extra £6300.

    any advice guys ?
  2. Timmers
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    Timmers Well-Known Member Trusted Member

    You should have kept stum about the missus owning a house in the Philippines, nobody needed to know :)
    • Agree Agree x 1
  3. bigmac
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    bigmac Well-Known Member Trusted Member

    i still can--lol.
  4. Timmers
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    Timmers Well-Known Member Trusted Member

    It is extremely unlikely that any checks could be done in the UK to prove your loved one owns property in our beloved Philippines.

    I have no proof of that but I'm pretty confident that is the case, save yourself a few bob to buy us drinks in a few weeks :)
  5. bigmac
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    bigmac Well-Known Member Trusted Member

    thats what i think. and its not as if she will ever live there again. its for her daughter--if she wants to live there.
  6. oss
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    oss Somewhere Staff Member

    Really :eek: ?

    They count property on the other side of the planet as a second usable home ?

    Wow!

    Thanks for this bit of knowledge bigmac!

    Quote below from https://www.stampdutycalculator.org.uk/stamp-duty-second-homes.htm

    Terrifying!

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