Stamp duty on second home
On another property matter, are you able to look at the stamp duty issue for Roger and Jools who, having sold their main home (PPR) two years ago (Nov 2013) and bought a cottage in Devon (Aug 2014) and have lived there since (but let it out 3 months during winter). They are currently selling a bungalow in West Bridgford that has been rented and are now looking to buy another property in Devon for £300/350,000 and live in it as their primary residence. Would the cottage be viewed as a stop gap and avoid the extra loading of stamp duty on this second £300,000 property? If not, what would we be charged in extra stamp duty on this purchase, and what would the total stamp duty be?
Web reference: http://www.gov.uk/government/publications/stamp-duty-land...Answered on May 7 2016, Report content
Web reference: http://www.homebuyerconveyancing.com/buy-to-let-conveyanc...Answered on Jul 9 2016, Report content
Didn't find what you were looking for? Ask a question