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How to avoid stamp duty on second home

2 years ago

ID: #803449

Business Description

The best way to avoid paying stamp duty on a second home is to purchase it as a joint ownership. If you're married or in a civil partnership, you can avoid paying additional stamp duty if you're a first-time homebuyer. However, this option is not available for second homes, as the rule only applies to main residences. In this case, you can try to negotiate with the developer for a stamp duty waiver.

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