Is a property considered my main residence if its the only one I own??

holiday11

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Joined: Oct 2016

Posts: 8
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#1

Is a property considered my main residence if its the only one I own??

29th October 2021, 18:07:PM

I only own one property, a flat, which I don't live in (I did live in it for a few weeks but I don't anymore and don't intend to, my daughter lives in it now and I live in a house she owns). Will this flat be considered my main residence in my will? I would like to leave it to my daughter and want to make sure she doesn't have to pay inheritance tax on it. Since its the only property I own, is it considered my main residence? THANK YOU!

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ostell

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Joined: Mar 2013

Posts: 10786
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#2

29th October 2021, 18:11:PM

Do you live there? No? Not main residence
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Is a property considered my main residence if its the only one I own??

Is a property considered my main residence if its the only one I own??

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