OneAndOnly
Registered User
- Messages
- 41
We're trading up in terms of house - signing contracts next week
We don't have to sell current home and intend on renting it out, tiny mortgage left, so we'll probably earn a bob or two, even in this market!
Question is will we get TRS on new mortgage, I reckon yes but the revenue site is not 100% clear. It mentions secondary property but I'm presuming the new house becomes our new PPR the day we move it?
Is this the case?
Thanks
We don't have to sell current home and intend on renting it out, tiny mortgage left, so we'll probably earn a bob or two, even in this market!
Question is will we get TRS on new mortgage, I reckon yes but the revenue site is not 100% clear. It mentions secondary property but I'm presuming the new house becomes our new PPR the day we move it?
Is this the case?
Thanks