LindsoRegarding the anomaly in SA pertaining to double stamp...

  1. 165 Posts.
    Lindso

    Regarding the anomaly in SA pertaining to double stamp duty - I've spoken to the warrant provider I use and he has confimed that effectively double duty may apply

    My only suggestion (other than selling the property - as this may not be desired) would be to have the bank take the first mortgage and you lend a small portion as a second mortgage and not pay that one out - that way the bank is cleared and double duty not being applied

    Interested to hear your thoughts

    Cheers

    MK
 
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