Very interesting thank you. What if we are accidental landlords and can't sell our old residential property due to the cladding issues that are taking its sweet time to get rectified. So we missed 3-year old deadline. Is there a way to ensure we can extend the 3-year deadline due to the cladding issues?
I did read that if we buy the second property to become our main residence we might be exempt? Is that not correct? We were always meant to sell the old residence, but just couldn't due to cladding.
What form do we use to claim back sdlt if we have overpayed for uninhabitable property? Is there an online form?
You can start here www.gov.uk/government/publications/stamp-duty-land-tax-apply-for-a-repayment-of-the-higher-rates-for-additional-properties
Very interesting thank you. What if we are accidental landlords and can't sell our old residential property due to the cladding issues that are taking its sweet time to get rectified. So we missed 3-year old deadline. Is there a way to ensure we can extend the 3-year deadline due to the cladding issues?
Sadly not, sorry to be the bearer of bad news
@@UK-Property-Tax-Accountants thank you.
You are most welcome but I appreciate it is not the news you wanted 😥
I did read that if we buy the second property to become our main residence we might be exempt? Is that not correct? We were always meant to sell the old residence, but just couldn't due to cladding.
Again, sadly not