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Posted Sun, 27 Oct 2024 18:16:39 GMT by Bubble Squeak
We split our time between home A and home B. Both are presently on the market and an offer has been accepted on B. Property A is likely to take a long time to sell. We aim ultimately to purchase property C and then live in C as our sole property. We have had an offer to purchase C accepted, and plan to purchase C simultaneously with selling B, but whilst A remains for sale. Q : when we purchase C (simultaneously with selling B, but whilst we still own - but are trying to sell - A) will we have to pay the second home rate of SDLT (i.e. currently +3%)? If so, will we be able to claim a refund of the additional SDLT paid when we finally sell property A?
Posted Wed, 30 Oct 2024 09:17:33 GMT by HMRC Admin 8 Response
Hi,
Unfortunately, we are unable to provide specific advice tailored to individual circumstances on this forum.
This forum is for general queries only and is intended to help you self-serve:
Stamp Duty Land Tax
Alternatively, you may wish to engage the services of a professional advisor/accountant to assist with your enquiry. 
Thank you.

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