Stamp duty claim
Tax Planning and Financial

Radha
Radha
39 Thanks
345 Posts
3 years ago
0
Hi ,

I have multiple properties. I bought new property ( as my main home - Lets call it as ''A'' , last August. Wanted to extended and fully renovate , and now around January 2021, it will be fully done and we shall move there, in mean time, My current main home ( LEts call it as ''B'') was for sale, but didn't manage to secure the deal. I paid higher stamp duty as I am an investor, but If I would have sold property B within 18 months of purchase of property A, I could claim stamp duty back, but now its not happening ,We decided to put it on for a rent from January. I run proeprty rental as a business but its not a limited company , We do have residential mortgage. Is there any way , We can claim stamp duty back if I convert that proeperty into buy to let or have to forget about stamp duty and rent it?

Many thanks

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.