DiscoverThe Money Spot™ - UK Personal Finance#45 I'm renting and own a BTL property. Will I pay the extra 3% stamp duty?
#45 I'm renting and own a BTL property. Will I pay the extra 3% stamp duty?

#45 I'm renting and own a BTL property. Will I pay the extra 3% stamp duty?

Update: 2022-09-05
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Amrita owns a buy to let property and is a renter herself. She has been renting for over a year and wants to buy a home to live in. She wonders if she will have to be pay the extra 3 per cent stamp duty tax on the purchase of her new home. In addition, if she is subject to the extra 3% tax, she asks if she can she avoid it by buying her home through a limited company?

That’s what we answer in this short podcast.

If you need advice for your own situation, please contact a mortgage broker or personal financial advisor.

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Related post on my website: https://www.katsonga.com/wealthblog/im-renting-and-own-a-buy-to-let-property-will-i-pay-the-extra-3-stamp-duty
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#45 I'm renting and own a BTL property. Will I pay the extra 3% stamp duty?

#45 I'm renting and own a BTL property. Will I pay the extra 3% stamp duty?

Heather Katsonga-Woodward