L
LTK
Guest
I recently purchased a second property that has become my PPR.
I retained my first property (I bought the property 3 years ago) as an investment but have recently decided to sell to avoid paying CGT & stamp duty. I know that I have a year to sell the property but I'm unsure as to when exactly it ceased to be my PPR.
The second house purchased was a new build - does the transfer of PPR happen on the day the keys are exchanged or the day that the initial contracts are signed?
I retained my first property (I bought the property 3 years ago) as an investment but have recently decided to sell to avoid paying CGT & stamp duty. I know that I have a year to sell the property but I'm unsure as to when exactly it ceased to be my PPR.
The second house purchased was a new build - does the transfer of PPR happen on the day the keys are exchanged or the day that the initial contracts are signed?