FredBloggs wrote:Does anyone know - If me and the wife buy a property for our disabled son in a trust, how does the stamp duty work?
A web search seems to suggest that as the beneficiary of the trust would be my son (to live in the property) that regular stamp duty would apply. BUT as me and the wife would be trustees and we already own a house jointly, would we have to pay the additional 3% Osborne stamp duty supplementary tax as well?
Hard to get a definitive answer on this from Google.
Thanks.
Fred.
Looks like you are lucky, no extra stamp duty if the beneficiary of the trust owns no other property.
http://www.telegraph.co.uk/investing/bu ... ty-for-ch/
John