15:26 PM, 9th June 2022, About 2 years ago 5
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.
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