Stamp Duty

Hi I sold my main home and moved in with my partner until I found a suitable property. That was 3 years ago but I have now found somewhere at last. I own a second property 50/50 with my sister which has never been lived in or let out. It is for sale now. My questions are a) do I pay the extra 3% stamp duty even though it will be a replacement main home b) can I claim it back when second one is sold? Im aware I will have to pay capital gains on selling second property too.. thank you

Hi,

Please contact the Stamp Duty Land Tax team for advice.

Stamp Duty Land Tax

Thank you.

Hi, I'm purchasing a new property to use as a primary residence. It's unlikely that the current property will get sold before buying the new one. Therefore, I'll have to pay the additional rate stamp duty on the new one. If I transfer the current company over to a limited company (owned by me), am I eligible for the refund of additional stamp duty? Or if the transfer happens before I buy the new one, will I be considered as owning only one property and, therefore, the normal rate of stamp duty applies?

Hello, Thank you for your question. It is not appropriate to the Income From Property forum. Please refer to the SDLT community forum. Thank you .