Hi
I'd really appreciate your advice on our situation.
We are due to complete on a property this week, October 2018, and the completion statement shows an additional 3% sdlt based on the fact that we own rental properties.
We have been renting a family home for the last decade.
We did dispose of a family home in 2008.
Based solely on the above I guess you might say we wouldn't need to pay the 3%? (But I could have that wrong of course).
The only potential spanner in the works, might be that one of our rental properties that we still own was our main residence for a period after the disposal of the family home mentioned above. (Well over 3 yrs ago, should that be relevant).
So I guess my question is in order to avoid the payment of the extra 3% sdlt. Does the disposal of a main residence have to have been your most recent owned main residence? Or to put it another way, do we lose the potential benefit of having disposed of a main residence because there was a subsequent owned main residence that we lived at a long time ago but we currently still own?
In case that was not clear my question is can any previous disposal of a main residence count against this new purchase regardless of what happened in between?
Thanks, I appreciate any help.
Seabro
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