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.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. 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!
Additional stamp duty
poisson75
Posts: 1 Newbie
I am slightly confused as to whether I have unnecessarily paid the SDLT surcharge on my property. 5 years ago I sold my main residence after my divorce and have been renting a property. I own a second home that has always been a secondary residence. I purchased a new main residence this year and have paid the surcharge but I'm now wondering if this was unnecessary given that I never made my secondary home my main residence. Has anyone else had this issue?
0
Comments
-
From what you say it sounds entirely right that you paid the extra SDLT for additional properties when you bought this year. It seems that was well over three years after you sold your previous home.poisson75 said:I am slightly confused as to whether I have unnecessarily paid the SDLT surcharge on my property. 5 years ago I sold my main residence after my divorce and have been renting a property. I own a second home that has always been a secondary residence. I purchased a new main residence this year and have paid the surcharge but I'm now wondering if this was unnecessary given that I never made my secondary home my main residence. Has anyone else had this issue?1 -
No-one cares which property you call your main residence and which is your secondary residence. If you already own a property and buy another one (without selling first) then the SDLT surcharge is payable.0
-
You’ve increased the number of houses you own, so the surcharge is due. Doesn’t matter which of them (if any) you live in.1
-
To exempt from the extra charge you needed to buy your new house within 3 years of selling the previous one.After 5 years you are no longer considered to be replacing your main residence1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards