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Tax
Comments
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You finances will be more of a challenge if you are not in a position to recover the 3% SDLT!!0
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I’m a bit confused. Surely the most expensive option is to own two houses and live in one with no income from the other? Why not sell your old house, free up the extra stamp duty you’ve paid and use this plus any equity released by selling the house to do up the new house?
why have you bought a house you can’t afford to live in if your intention was to live in it?
allconnected1 -
My current house is up for sale. Ive has two potential sales fall through and whilst I’m hoping it will eventually sell so all the dots align with Xmas approaching and work fragile I want to ensure I’m doing all I can to keep options open.0
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I suggest you keep evidence of when your existing house went up for sale and what efforts you have made to sell it. This would give some kind of indication that when you bought the new house you intended to move into it and live in it as your only or main residence. This might help you as and when you seek to recover the extra 3% SDLT you have paid.0
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SDLT_Geek Thank you! I value your and everyone’s advice and will definitely do that. I’ve had lots of viewings but no bites as yet hence I was a little unprepared for this part. But I will definitely take your advice and keep a log. Juliette.0
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