ASK219: How does Multiple Dwelling Relief work? PLUS: How long do I have to sell my former home and claim a stamp duty refund?

This week on Ask Rob & Rob, the guys have got a stamp duty special! We know, we’re just too good to you!  Our first caller with his stamp duty related question is Medassa. He’s in the process of buying two blocks of flats with a business partner which are blocks of six and five individually let apartments.  He’s wondering how multiple dwelling relief works. To his understanding, you can split the stamp duty costs amongst each individual apartment which will reduce the stamp duty costs.  But is he right?  The second question this week comes from Stan. He’s obviously been busy listening to the podcast which has sparked up his own question.  Like a previous listener, he wasn’t aware that if you kept hold of a residential property and bought a new one to live in, that further down the line you could claim back the higher amount of stamp duty that you would have paid.  So now Stan is wondering just what exactly is this time frame and has he missed the boat to make a claim?  Tune in to find out... Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).    Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours.  Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself. See omnystudio.com/listener for privacy information.