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Moving home with two properties to sell
Moby
Posts: 3,918 Forumite
We are planning to move home this year and have two properties, our primary residence and a separate terraced cottage, formerly rented but now empty. I realise capital gains tax will apply to the terraced cottage but are there any other tax implications I should be aware of.
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Comments
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Additional stamp duty rate if the sales don't go through together.
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Only if the sale of the primary residence doesn't go through until after the purchase.
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Even if that’s not the case the extra 5% can be reclaimed if the main home sells within 3 years.
No reliance should be placed on the above! Absolutely none, do you hear?0
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