2nd property SDLT refund

exiled_red

I am in the process of buying a house and selling my flat, as we will be doing renovations on the new house, we will be staying in the flat for a few weeks while these go ahead. This means that we will for a short period of time own two properties and therefore have to pay higher rate of SDLT on purchase of the new property. I am wondering if anyone has any experience of how long it will take after the sale of my flat to get the higher rate of SDLT refunded?

00ec25

have you read the guide?
https://www.gov.uk/government/publications/stamp-duty-land-tax-higher-rates-for-purchases-of-additional-residential-properties

FAQ 33 and 34....

Q33. How long will take for the refund to be paid?
A33.
HMRC aims to process all repayment requests within 15 working days. This assumes that you provide HMRC with all the information we need upfront. The repayment request form, which is available on GOV.UK, sets out all the information that HMRC will need to process a repayment. Link to form:
https://www.gov.uk/government/publications/stamp-duty-land-tax-apply-for-arepayment-of-the-higher-rates-for-additional-properties.
Q34.
Will I be paid compensation if the refund takes longer than 15 working days?
A34.
HMRC does not pay compensation if a refund takes longer than 15 days. However, you will be entitled to interest on the amount paid, which will be included automatically in the repayment.