I am looking to move to a new main residence.
I currently have 1 btl which was my previous home.
I am looking to once again convert my main residence to a btl and move to a new main residence.
Ideally I want to keep all properties
My question is what is my SDLT liability ie 3%
And is there any way of reducing It.
My thoughts were
convert current main residence to BTL while I look for new main residence (I can stay with friends) are there any SDLT implications of doing this?
Would main residence (when I find it) then be liable for SDLT3%?
Or Sell property 1 and do the above so I only have 1 btl
(I have read that this might make a difference)
Thank you so much for any help, this stuff is confusing
