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Check to bottom two answers here https://www.moneyadviceservice.org.uk/blog/stamp-duty-for-first-time-buyers-your-questions-answered
Check to bottom two answers here https://www.moneyadviceservice.org.uk/blog/stamp-duty-for-first-time-buyers-your-questions-answered
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dt
Yes for mortgage finance reasons. Not necessary to be on title deeds - will that make a difference?
I think the mortgage market may have changed as I was told there is some where it didn’t affect ftb incentives.
The only way round is declaring it as a home then renting but you’ll need to inform the mortgage company and very unlikely they would like that. I know on my current mortgage that was what was hinted.
Obvs if they buy something now they won’t be affected by stamp duty but still