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Refund Of Stamp Duty
From 1st April 2016, the second home additional stamp duty came into force. This means individuals or companies may need to pay a higher rate of Stamp Duty Land Tax (SDLT) if they buy an additional residential property valued more than £40,000.
If you have not sold your main residence and buy another property then you most likely have to pay additional stamp duty. To reclaim the stamp duty you have 36 months to sell your old main residence in order to claim a refund of the additional stamp duty.
Need help reclaiming stamp duty?
Our experts can help you reclaim overpaid stamp duty. Our fees are competitive and we provide hassle free services.