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Do I have to pay extra SDLT?
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Chris_P_2
Posts: 194 Forumite
I own a property that I rent out. I also rent currently. I used to own another hosue but transferred the equity to my ex-wife via a divorce.
If I buy a new house for me to occuoy as my main residence, do I pay SDLT+3%? Any links to confirm your responses please?
Thank you
If I buy a new house for me to occuoy as my main residence, do I pay SDLT+3%? Any links to confirm your responses please?
Thank you
0
Comments
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Follow the trail and let us know...
EU expat working in London0 -
I own a property that I rent out. I also rent currently. I used to own another hosue but transferred the equity to my ex-wife via a divorce.
If I buy a new house for me to occuoy as my main residence, do I pay SDLT+3%? Any links to confirm your responses please?
Thank you
Yes.
Why do you need a link? You have ONE house and soon you will have TWO. Is maths a good enough 'link'?0 -
As I dont have a main residence to dispose of how could i possibly not incure the +3%?0
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blah blah blah0
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marliepanda wrote: »Maths.
You have one property.
You need to keep it that way.
Use maths to help you.
Interesting.I have previously spoken to a chartered financial advsier,and accoutant, a mortgage broker and a solictor.
All of them agree thsat the additional sdlt will not apply.
Maths eh\/0 -
In that case, since you have asked the advice of several professionals (who can't possibly be wrong) why ask a bunch of randoms like us?
Oh, they are wrong, given the premise you outline...0 -
If you've already sought advice and have an answer, why ask on a forum with potentially less 'expert' opinions?
My own view is that you will have to pay it but I have no qualifications to validate that. I hope you find a way to resolve the issue in any case.0 -
LOL, the mis understanding and presentation of incorrect information on this site is astounding.0
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