Stamp duty on a shared equity house..
Discussion
My partner and myself are in the process of the buying our first house and have to pay stamp duty on the property. Has anyone else bought a shared equity house recently and could advise me on what are the correct procedures to follow. We are currently planning to buy 69% initially and then hopefully own up to a maximum of 80% in the future.
Due to us not buying the whole house ( £130000 ), does it mean that we don't have to pay for 100% of the stamp duty?
The house is brand new in Scotland. I'm not sure if the rules are different up here
Thanks and hopefully someone can help me out !!
Due to us not buying the whole house ( £130000 ), does it mean that we don't have to pay for 100% of the stamp duty?
The house is brand new in Scotland. I'm not sure if the rules are different up here

Thanks and hopefully someone can help me out !!
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