I have a 25% share in a housing association property. To increase this to full ownership I must pay 75% of £220,000. I did not pay the full stamp duty when I bought the 25% share. I bought the original share 20+ years ago. How much will I have to pay to buy in full? (1% of £165,000 or 1% of £220,000?)
Published on 13.02.2008
As far as I'm aware you'll have to pay stamp duty on the whole £220k. I'd check this with your Housing Association though as I'm not 100% sure.
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