Owning your own home

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frankohara

Ohhh well, didn’t have huge hopes. Many thanks @Tomo187 @duncs

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dbr in reply to @frankohara

You could get relief* if the person who already owns a property is replacing / selling their “main residence” as part of the purchase. It’s all in the guidance notes on .gov

*from SDLT

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frankohara in reply to @dbr

https://www.gov.uk/guidance/stamp-duty-land-tax-relief-for-land-or-property-transactions#first-time-buyers-relief Chapter 6?
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duncs in reply to @dbr

First time buyers get extra relief though.
They pay less than a non FTB who is moving.
Rather than just not paying the extra 3% for the 2nd property.

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