Additional SDLT refund criteria?
Hi All, I have a question regarding the additional SDLT refund criteria.
My wife purchased her property in November 2017 before moving into my property in January 2020. I have owned my owned property since 2013.
In the last 30 months, whilst my wife has lived with me, my wife’s property has been let on a Buy to Let mortgage. We are purchasing another property (together) as our new main residence, and I intend to sell my property in 12 months whilst we renovate the new property.
We are due to pay the additional 3% SDLT. However, I wondered if we would be entitled to a refund once I sell my property in 12 months’ time as we will be replacing our main residence even though my wife already owns a Buy to Let property?
Any advice would be greatly appreciated.
Ramzi
5 comments on this article
Comments are for Members. Sign in or join free below to read them and have your say.
Previous Article
Benefits to Bricks
Have Your Say
Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.
Not a member yet? Join In Seconds
Login with