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Kekdal
Member
Last Activity: 04-08-2022, 12:45 PM
Joined: 03-08-2022
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Thanks everyone I took professional advise from a qualified lawyer who confirmed that in my case I can't enjoy a lower rate. I kind of knew the answer but was clutching on straws. My oversimplified interpretation based on his advise is: HMRCs logic is if you have more than one property you pay higher...
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Thanks Neelix and jpkeates appreciate your feedback. Higher stamp duty it is should have been obvious I will own 2 properties at the end of the transaction (previous one was bought in 2018) so naturally higher for the 2nd one.
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Stamp duty question
Hi Gurus,
I am trying to figure out if I need to pay the 2nd stamp duty.
I am buying a property which would be my main residence.
I currently live in a property that I pay rent for as a tenant.
However I own another property which I had bought to live in and had paid the lower...
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