Temporary Second Home which will be my main residence

Daithi
Daithi Online Community Member Posts: 12 Connected

I have a home in England which is going through a sale, I have been temporarily living back home in Northern Ireland with my family due to severe ill health following acute hospitalisation in October, which has left me with severe mobility impairment besides other chronic illnesses. I have found a flat I wish to buy(which would become my main residence due to a need to be close to family for support) & which may be completed on before my home in England sale completes. Does any one know if I would be liable for Stamp Duty, the sale price is £120,000 and indeed would I be liable for CGT. I’ve tried to read up, but the information seems contradictory and some cognitive issues from an acute illness that lead me to return home to family is not helping my understanding. Would really appreciate some suggestions os thoughts, kind regards

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