We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Stamp duty question

Hi I am moving house that is my residential home. Purchase price is £380k before end of June deadline. I currently own a buy to let property with my ex partner. I know... dont ask. I have been on the government SDLT calculator and put in my details and there is no excess stamp duty to pay. I am living alone. Is this correct ? I have just googled my scenario and other people have been told that you have to pay additional 3%. Confused .. Thanks. 

Comments

  • K_S
    K_S Posts: 6,891 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 6 June 2021 at 12:19PM
    @paul123 If you are replacing your main residence (selling currently owned residence and moving to a newly purchased residence) then irrespective of how many BTL properties you own in the background, the 3% surcharge should not be due.

    I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, 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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

  • paul123
    paul123 Posts: 45 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thankyou !!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.