Associate
Hi
I recently purchased a new property (Home B ) before selling my existing one (Home A) and paid additional stamp duty (2nd home).
Home A is currently up for sale and I read that if I sell this within 3 years I will be able to claim some stamp duty back.
I intend to start living in Home B now but am worried that this will prevent me from claiming back stamp duty if home A sells soon? Am I okay to make home B my primary residence for council tax purposes and to update details with my bank etc? Do I need to tell HRMC?
Thank you
I recently purchased a new property (Home B ) before selling my existing one (Home A) and paid additional stamp duty (2nd home).
Home A is currently up for sale and I read that if I sell this within 3 years I will be able to claim some stamp duty back.
I intend to start living in Home B now but am worried that this will prevent me from claiming back stamp duty if home A sells soon? Am I okay to make home B my primary residence for council tax purposes and to update details with my bank etc? Do I need to tell HRMC?
Thank you