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2nd home stamp duty
sukh38
Posts: 115 Forumite
hi,
So I have 1 residential property and 1 BTL, if I sell my residential property and buy a new home do I pay stamp duty?
many thanks
So I have 1 residential property and 1 BTL, if I sell my residential property and buy a new home do I pay stamp duty?
many thanks
0
Comments
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It'll depend on how much the new home costs - but you shouldn;t have to pay the additional 3% as you are replacing your main residence.
3 -
Many thanks what if I was to get consent to let on my residential property and then bought a residential property would i occur the 3%?p00hsticks said:It'll depend on how much the new home costs - but you shouldn;t have to pay the additional 3% as you are replacing your main residence.0 -
you would then be going from 2 properties to 3 and will not have disposed (sold) of you main residence so the 3% would apply.sukh38 said:
Many thanks what if I was to get consent to let on my residential property and then bought a residential property would i occur the 3%?2
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