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Buying a home in Wales for Owners of more than one property

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Aber1
Aber1 Posts: 2 Newbie
in House buying, renting & selling
In addition to the surcharge of an extra 4% Stamp Duty payable, I worry that by owning the freehold to a property in England, if I buy a home in Wales to live in, I might also be charged double (or triple) Council tax on the home in Wales, even though I rent out my home in England. Am I being paranoid?

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  • propertyrental
    propertyrental Posts: 3,391 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 4 December 2023 at 7:56PM
    Not sure of the Welsh rules (have you checked the local council website?) but surely you'll pay standard rate on your main residence ie your new Welsh property?

    Your tenants will pay council tax on the property you own in England but which is their main residence.

    What you may not have factored in is Capital Gains Tax.
  • housebuyer143
    housebuyer143 Posts: 4,265 Forumite
    1,000 Posts Third Anniversary Name Dropper
    You only pay 3% in some areas and only if it's a holiday home. If you live there you will not pay additional council tax.
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