Counting houses

Simon Howley examines the complexiti es of the 3% surcharge to stamp duty land tax, and what consti tutes an ‘only or main residence’

A client came to see me recently explaining that he and his wife were in the process of buying an old Victorian terraced house in West London, as a replacement of their main residence, informing me that the 3% surcharge should not be applicable. He was bubbling over with excitement and explained that the property in questi on was currently split into three self-contained apartments, and that he and his wife intended to combine these into one fantastic residential property.