Stamp duty question

[Jimmy No Hands]

If I'm moving primary residence by buying an additional property first before selling my current, will HMRC refund the additional stamp duty when the initial house sells? I realise I'll be liable for the 2% but can you claim a refund of the 3% additional? (within a timeframe I assume)


Thanks chaps.

[Sarnie]

Yes, 36 months.................

[Sir Bagalot]

Sarnie said:

Yes, 36 months.................

I thought it was 3 years?

[Sarnie]

Sir Bagalot said:

I thought it was 3 years?

You trying to wind me up??

[Jimmy No Hands]

Cheers chaps. I could've probably Googled it, but I like this place.. ;-)

[g3org3y]

Info from the .gov site: https://www.gov.uk/government/publications/stamp-d...

gov said:

Conditions that apply

You must have sold your previous main residence within 3 years of paying the higher SDLT rates to qualify for a refund. HM Revenue and Customs (HMRC) must have your request within 3 months of the sale of your previous main residence or within 12 months of the filing date of the return, whichever’s later.