stamp duty
Jan 30th 2007, 5:58 am
#1
stuck in twilight
Thread Starter
Joined: Nov 2004
Location: scoucer in Brisbane and now back in Liverpool
Posts: 301
stamp duty
as a first time buyer i can claim a first time buyers grant which i know is true
as for stamp duty i have to pay full duty because i previously owned a property in the uk as it states on the form ,you did not hold and never before held an interest in residential land in queensland or elsewhere, i have been told elswhere means other country like the uk please answer thank you
as for stamp duty i have to pay full duty because i previously owned a property in the uk as it states on the form ,you did not hold and never before held an interest in residential land in queensland or elsewhere, i have been told elswhere means other country like the uk please answer thank you
Jan 30th 2007, 6:17 am
#2
Account Closed
Joined: Mar 2006
Posts: 10,158
Re: stamp duty
as a first time buyer i can claim a first time buyers grant which i know is true
as for stamp duty i have to pay full duty because i previously owned a property in the uk as it states on the form ,you did not hold and never before held an interest in residential land in queensland or elsewhere, i have been told elswhere means other country like the uk please answer thank you
as for stamp duty i have to pay full duty because i previously owned a property in the uk as it states on the form ,you did not hold and never before held an interest in residential land in queensland or elsewhere, i have been told elswhere means other country like the uk please answer thank you
Jan 30th 2007, 7:24 am
#4
Account Closed
Joined: Mar 2006
Posts: 10,158
Re: stamp duty
The bank (Westpac) told us we wouldn't have to pay as we were first home buyers here in Aus. They're well aware we owned a property in the UK.
Who knows?
Who knows?
Jan 30th 2007, 8:04 am
#6
BE Forum Addict
Joined: Aug 2005
Location: Kingston, Tas
Posts: 2,264
Re: stamp duty
as a first time buyer i can claim a first time buyers grant which i know is true
as for stamp duty i have to pay full duty because i previously owned a property in the uk as it states on the form ,you did not hold and never before held an interest in residential land in queensland or elsewhere, i have been told elswhere means other country like the uk please answer thank you
as for stamp duty i have to pay full duty because i previously owned a property in the uk as it states on the form ,you did not hold and never before held an interest in residential land in queensland or elsewhere, i have been told elswhere means other country like the uk please answer thank you
Jan 30th 2007, 8:28 am
#7
Here at last!
Joined: Jan 2007
Location: Perth
Posts: 1,635
Re: stamp duty
We will have to rent for a while as we rent in the uk, never been able to get onto the property ladder here. I dont think it will be a problem in Australia when we both have got our full time employment sorted out as we both should earn a reasonable amount. I am hoping we will get the first time buyers grant and not pay stamp duty. We will need to get a mortgage though so not sure how long we will need to wait after getting our PR visa? Some banks say yes straight away but I am guessing they will charge a higher interest rate?
I am guessing it is better to wait a couple of years? Anyone who has done something similar or people in the know? Please let me know the best route!
I am guessing it is better to wait a couple of years? Anyone who has done something similar or people in the know? Please let me know the best route!
Jan 30th 2007, 8:51 am
#8
BE Forum Addict
Joined: Aug 2005
Location: Kingston, Tas
Posts: 2,264
Re: stamp duty
We will have to rent for a while as we rent in the uk, never been able to get onto the property ladder here. I dont think it will be a problem in Australia when we both have got our full time employment sorted out as we both should earn a reasonable amount. I am hoping we will get the first time buyers grant and not pay stamp duty. We will need to get a mortgage though so not sure how long we will need to wait after getting our PR visa? Some banks say yes straight away but I am guessing they will charge a higher interest rate?
I am guessing it is better to wait a couple of years? Anyone who has done something similar or people in the know? Please let me know the best route!
I am guessing it is better to wait a couple of years? Anyone who has done something similar or people in the know? Please let me know the best route!
Jan 30th 2007, 9:50 am
#9
BE Forum Addict
Joined: Nov 2003
Location: Lower Chittering, Perth
Posts: 4,646
Jan 30th 2007, 10:14 am
#11
BE Forum Addict
Joined: Nov 2003
Location: Lower Chittering, Perth
Posts: 4,646
Re: stamp duty
[QUOTE=iPom;4341080]Thank you SJ.
My pleasure!!!!!
My pleasure!!!!!
Jan 30th 2007, 11:42 am
#12
BE Enthusiast
Joined: Aug 2006
Posts: 757
Re: stamp duty
I read recently in a thread (that I can't find) that somebody thought the 7000 Aus dollars for first time buyers was rising to 12000 haven't heard anything since so just wondered if anyone had heard anything?
Jan 30th 2007, 11:43 am
#13
visa granted 16/5/06
Joined: Aug 2005
Location: Perth WA
Posts: 461
Re: stamp duty
Hi, just read this post, can someone confirm that if we were to purchase a property for the first time here in Perth, that we would not have to pay the whole stamp duty ie: on a house that is around $500k purchase price its about $25 - $30k on top for the stamp duty. Our bank, also Westpac never mentioned reduced rates, they only told us about the $7k first time buyers grant. We have also seen a couple of mortage advisers and they didn't say anything either... any information would be very appreciated!
Jan 30th 2007, 11:46 am
#14
Account Closed
Joined: Mar 2006
Posts: 10,158
Re: stamp duty
Hi, just read this post, can someone confirm that if we were to purchase a property for the first time here in Perth, that we would not have to pay the whole stamp duty ie: on a house that is around $500k purchase price its about $25 - $30k on top for the stamp duty. Our bank, also Westpac never mentioned reduced rates, they only told us about the $7k first time buyers grant. We have also seen a couple of mortage advisers and they didn't say anything either... any information would be very appreciated!
Jan 30th 2007, 11:58 am
#15
Forum Regular
Joined: Aug 2006
Location: Port Kennedy / Rockingham area
Posts: 52
Re: stamp duty
If you are buying your 1s house ipom do you get the home grant of $7000 and the no stamp duty? Or is it one or the other?
Martin 'nearly there'
Martin 'nearly there'