Hi
We recently were named in a Will as 25% beneficiary of a family members estate with that estate was a house. The house was never transferred into our names but we received 25% of the sale price.
My question is, are we still first time buyers in the eyes of the law or are we not and as such now liable to pay full stamp duty?
Would appreciate anyones thoughts?
We recently were named in a Will as 25% beneficiary of a family members estate with that estate was a house. The house was never transferred into our names but we received 25% of the sale price.
My question is, are we still first time buyers in the eyes of the law or are we not and as such now liable to pay full stamp duty?
Would appreciate anyones thoughts?
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