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Residential to BTL stamp duty

misterbear72
Posts: 2 Newbie

Simple question that I'm struggling to find an answer for.
I have a buy to let and a residential.
If I remortgage my residential as a buy to let (so I have two rentals) do I pay stamp duty on it?
I've looked online but can't find anything. If you find a link please include it in a reply
Thanks in advance.
I have a buy to let and a residential.
If I remortgage my residential as a buy to let (so I have two rentals) do I pay stamp duty on it?
I've looked online but can't find anything. If you find a link please include it in a reply
Thanks in advance.
0
Comments
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No, you pay stamp duty on purchases of property, not remortgages.
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Thanks David, appreciate that. Take care.0
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