Stamp Duty on main residence & a holiday let

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    Stamp Duty on main residence & a holiday let

    I am about to buy a house and bridge while I sell my exist house (yes, I know!!). They will be my main residence, so I will need to pay the 3% stamp duty surcharge and claim it back after I sell my existing house. However.... I also already own a holiday let - will this prevent me from getting a rebate?

    #2
    The rules are based on the number of properties you own at the end of the transaction rather than the purpose of the property.

    There's a transitional arrangement where someone has sold their residence and not bought a new one when the rules were introduced, but I don't think that would apply here.
    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).

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      #3
      If you can prove you have moved from old main residence to new main residence , you have up 3 years to claim back the 3% extra sdlt paid on new residence..

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