Q My partner and I own a residential property that we bought in June 2019 at a cost of £217,995. I paid £8,399 in stamp duty which was at the higher rate as I owned (and still own) a buy-to-let property. My question is – what rate of stamp duty will apply here? Is it the higher rate or would it be the standard rate? Even though you have a buy-to-let property, because you are selling your “main residence” – to use the jargon – and replacing it with another main residence, the standard rate of stamp duty land tax (SDLT).

Source: The Guardian January 10, 2022 09:16 UTC