Hi Guys, any advice warmly welcome:
Me and my partner (not married) bought a £400k house 2 yrs ago. The purchase was done in my partner's name as I had just started my own company and was detrimental to the mortgage application as I had no accounts. I paid for the majority of the house and pay the mortgage, even though it's in partners name. It is where I live and where I bring up my kids, register to vote, etc. We are now buying £350k house as a replacement - the £400k house will be sold. This, to my mind, represents a main residence replacement for both of us
I own 2 other properties, one of which was my main residence until 2010, when I had to move abroad for work. It has been rented out since. My partner does not own any othe property.
Is the surcharge due? If so, can I sell previous residence and get a refund?
Thanks in advance.
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