The extra 3% SDLT paid on second properties can be claimed back if the old property is sold within 3 years and the new property becomes a PPR.
Does anybody know whether it matters how the new property was used before the old PPR is sold? My client is worried whether the claim would be rejected if the new house was rented out during that period, as opposed to being say, a holiday home. I cannot find anywhere whether there are any exclusions of this sort.
Any help gratefully received,
Dorota