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2 Residential mortgages

revolu
Posts: 84 Forumite
I have a house for sale which I live in and have just bought another property to move into.
How long before house for sale becomes an asset I would have to pay tax on when I sell
thanks
How long before house for sale becomes an asset I would have to pay tax on when I sell
thanks
The world is full of usury.
Use microsoft excel to write down all money in and all money out.
! Take Control !
http://www.unicef.org.uk/
Use microsoft excel to write down all money in and all money out.
! Take Control !
http://www.unicef.org.uk/
0
Comments
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More important is that if you don't sell the current home when you buy the new place and you complete after April 1st, you will have an extra 3% stamp duty land tax to pay.
You then have 18 months to sell your current home to get your 3% back.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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