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Main residence status

4 replies

SophieMCM · 25/04/2023 19:08

Hello, I am looking for some help please. I am currently on two mortgages. One is my main residence where I live with my family. The other is where my sister lives and I help out a bit. I am looking to sell my main residence and get another one. Will that be considered a "second home" and therefore higher stamp duty apply ? Thank you in advance

OP posts:
dreamersdown · 25/04/2023 19:18

Yes.

abasketcase · 25/04/2023 19:23

No. If you can prove it was your main residence. The other one is your second home

Malbab · 25/04/2023 20:51

No selling main home and buying another main home doesn't attract the higher stamp duty

SophieMCM · 25/04/2023 21:24

Thank you , this is really reassuring

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