Will stamp duty be paid in full?

A:

The council will itself pay the stamp duty for the acquisition of the existing home. The council will then also cover all stamp duty costs when a homeowner is moving to a newly built home on their estate. Where a resident or non-resident homeowner sells their property, and moves away from the estate, then they will be eligible for compensation for additional costs within a 12-month period associated with acquiring a new home, such as the stamp duty associated with acquiring a new property. The reimbursement of any SDLT costs will be capped at a level that matches the amount payable on the purchase of a home of the same value as the home you are selling to the council.


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