Stamp Duty Query

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Hi All

I want to double check something with you all please. I'm a landlord with two properties that I bought before the current changes to stamp duty came in. I also bought my own home 2012.

I'm looking to move home but have my house up for sale. I am confused, if I sell my house and move into a new house, do I pay the lower stamp duty or do I have to pay the higher rate regardless as I own two buy to lets?

The house I'm moving to is 295k so the lower stamp duty is 4k, the higher is 13k! I'd not factored this in at all.

Any advice is much appreciated

This member has been thanked by 1 member for this post.
30/09/2018 15:24

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