serotoninsid
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Just trying to work out how things would lie re. TRS if I pursue a couple of scenarios...
I'm currently in Year 6 of TRS as a first time buyer. If I was to buy a 2nd property next Spring with a view to it being my primary residence, can I then claim tax relief on it as a non-first time buyer?
What if the new property was not occupied for the first year although I would have started a mortgage on it. Would I still get the last year's TRS on the first property - and be able to apply for non-first time buyers TRS on the second property a year after buying it - and calling off the mortgage?
I'm currently in Year 6 of TRS as a first time buyer. If I was to buy a 2nd property next Spring with a view to it being my primary residence, can I then claim tax relief on it as a non-first time buyer?
What if the new property was not occupied for the first year although I would have started a mortgage on it. Would I still get the last year's TRS on the first property - and be able to apply for non-first time buyers TRS on the second property a year after buying it - and calling off the mortgage?