The Government has returned \u00a3127 million to 10,700 homeowners who were charged a stamp duty premium for buying a second home, before selling their original property.<\/p>\n
Since April 2016 buy-to-let landlords and second homeowners have had to pay a 3% stamp duty surcharge.<\/p>\n
However under the ‘replacement main residence rule’ second homeowners can get a refund if they sell their former home within three years.<\/p>\n
Buyers in this situation were typically repaid \u00a311,869 each.<\/p>\n","protected":false},"excerpt":{"rendered":"The Government has returned \u00a3127 million to 10,700 homeowners who were charged a stamp duty premium for buying a second home, before selling their original property. Since April 2016 buy-to-let landlords and second homeowners have had to pay a 3% stamp duty surcharge. However under the ‘replacement main residence rule’ second homeowners can get a… View Article<\/a>","protected":false},"author":1,"featured_media":196,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":0,"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orchardmortgages.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}