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  • Tax

    FTB cash buyer - stamp duty relief & BTL

    Hi i am about to get my first perporty - a small flat so I could get the stamp duty relief. I will pay in cash with inherited money. It is not feasible for me to move in there immmerdiately, so if I rent it out are HMRC going to ask me to give the tax exempted back?

    Or is there a time period. i.e. after how long can I rent it out, without give the tax exempted back?

    I have posted this in the tax tribe but don't think I am very clear with the answer so post it again

    Many thanks for the contributors there and thanks a lot on advance here

    thanks

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    Hi Emily,

    This is a duplicate thread as you already asked this question and received 13 answers:  First time buyer SDLT relief and BTL ... ?

    For that reason, this thread is now closed and, if you have any further comments or additional questions, I invite you to continue on the original thread to avoid confusion due to parallel discussions.

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    general operations director, site owner and moderator - propertytribes.com