Additional 3% Stamp duty
I own a few houses with mortgages and currently let them all out - have done for over 5 years. I live in my wife's house and have done since the year before we got married. Her house has been my residence for a full 5 years. We now want to sell her house and purchase a joint property simultaneously. Will we be hit with 3%? I am on the electoral roll at her house, have bank accounts all registered here, am registered as a landlord and with HMRC at her house. Can anyone clarify because we are thinking of doing this in the next few weeks. Thanks in advance.
Web reference: http://www.gov.uk/government/consultations/consultation-o...Answered on Feb 25 2016, Report content
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