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Inherited property, first time buyer

  • 27-07-2007 11:14AM
    #1
    val-m
    Closed Accounts Posts: 2 ✭


    Hi,
    Im hoping someone can help me with this problem. I inherited a property along with my many siblings, I had no interest in keeping the property so informed our solicitor that I did not want to keep my share of the inheritance which I was happy to hand over to my siblings.

    I know inheriting a property does not effect your FTB status but a new solicitor appointed to us has just told me that I might be liable for stamp duty on my own home which I bought after I gave up my share in the inherited property.

    Can anyone tell me if this true, the solicitor is going to check it out but I'm really worried about it.

    Thanks


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