Can stamp duty be added to mortgage?
Can I have the stamp duty added to my mortgage?
Asked on Oct 6 2010,
Home Finance in Salisbury |
Typically not, however stamp duty is a tax which is traditionally paid by the buyer, however there is nothing stopping you asking the seller to pay or at least contribute to some of the cost.
Answered on Oct 7 2010,
Potentially but it may not be straight forward anymore (it was quite common with mortgage cashbacks etc) but as rightly identified you would likely suffer in terms of the rate the mortgage company offers you. If you are struggling you could ask for a contribution.
Answered on Oct 21 2010,
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