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SDLT

I had a house that I lived in for ten years, after which I let it out for 5. I lived elsewhere with now wife who owns a place.

If I want to buy a place now, can I reclaim the high rate stamp duty as I have sold my own house less than three years ago. Or am I not eligible because I let it out towards the end of my ownership of it??

Comments

  • sheramber
    sheramber Posts: 24,358 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper

    What house did you pay the additional stamp duty on , that you want to reclaim?

    Where you live now is your main residence.

    Will you be selling that house to move into the house you want to buy?

  • thenap80
    thenap80 Posts: 454 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker

    I haven’t bought a new place yet with proceeds of sale. It’s sat in easy access accounts

  • sheramber
    sheramber Posts: 24,358 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper

    This thread Woukd appear to be about the same scenario as this one


  • _Penny_Dreadful
    _Penny_Dreadful Posts: 1,609 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    No you can’t reclaim the higher rate of SDLT because you don’t meet the requirement of replacing your main residence as the property hadn’t been your main residence for over 5 years.

    This was explained to you previously.

    https://forums.moneysavingexpert.com/discussion/6650920/sdlt-for-non-uk-residents-surcharge-question

    It doesn’t matter how many threads you start on the topic, the house you used to let out for 5 years and then sold 2 years ago will not stop you from meeting condition D. The rental property you live in doesn’t count as your main residence for the purposes of SDLT and the rental property your wife owns means condition C is met and you will need to pay the higher rate of SDLT.

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