When does the main residence exemption from the 3% additional SDLT rate apply?

Home Forums Patrick Cannon When does the main residence exemption from the 3% additional SDLT rate apply?

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  • #779 Reply
    Jane Marks
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    A has BTL properties.

    A moves in with B and marries him they live together in B’s property in his sole name.

    B sells the property and they purchase a larger home in joint names.

    Please advise if the exemption of replacing main residence will come into effect.

    #780 Reply
    Patrick
    Guest

    Yes this will be ok. Are you worried about para 2(3) which applies the tests to each spouse and A did not own the home being sold? If so I think you will be ok because para 3(6)(b) refers to the purchaser or their spouse selling the old dwelling.

    #781 Reply
    Jane Marks
    Guest

    Many thanks.

    Kind regards

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