36 months SD rule

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    36 months SD rule

    With one property let out, I am looking to buy a second to live in. Is it possible to do this now paying the extra 3% then sell the let property in a year's time and have the 3% refunded?

    How do we know what changes will be brought in over the next 3 years?
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...


      I was just referring to the 36 month refund rule and whether it would apply in my situation?


        Based on the consultation document, no.
        You aren't replacing your main residence, so the refund doesn't look like it applies.
        When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
        Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).


          Thanks, wasn't sure. My tenant wants to stay so I wondered if I could give her another year before marketing the flat. Looks like I will have to sell before buying again.


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