Jump to content
Sign in to follow this  
PAUL439D

Stamp Duty question

Recommended Posts

I’m planning on buying a new main residence (A) worth £390K from the entire proceeds of the sale from my late father’s house (B).

 

My existing main residence (C) will be on the market at the time of completion on my new main residence (A).

 

Is it likely I’d have to pay the extra 3% stamp duty in this scenario?

Share this post


Link to post
Share on other sites
1 hour ago, haf1963 said:

As i recall,

 you have to pay the extra 3% but can claim it back as long as you sell within 3 years

 

Totally agree! I understand you have 3 years to apply for it, then they will reimburse you for stamp duty you've paid. 


 

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×