Second Property Stamp Duty
I currently do not own any properties as my previous main residence has been sold and I am living at a friend's house. If I purchase a holiday flat, not to be my main residence, I would not pay stamp duty because it is below the threshold. However, if in future I decide to purchase a main residence, would I have to pay stamp duty at the hight rate because I already own a property, or would normal stamp dute rates apply?
Web reference: http://www.homebuyerconveyancing.com/buying-conveyancing-...Answered on Jul 9 2016, Report content
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