We live in England and I am approaching retirement and want to buy a second home near the beach for my wife and I. It seems like a good time because we see that the stamp duty holiday is likely to be extended to the end of June from its previous deadline of March 31. However, there will still be tax to pay. If we were buying our first house we would not have to pay any. SponsoredI’ve heard that there are ways to avoid the second home charge, such as buying it and then selling our first one within three years, if it is a gift or part of a divorce settlement.
Source: The Times February 28, 2021 00:08 UTC