I have recently quite unexpectedly inherited a third interest in a house (residential) from a distant relative. Apart from sentiments, the timing could not have been worse as I am about to exchange contracts for the purchase of my first home.
My solicitor has previously advised me that I would be able to use the first-time buyer SDLT relief but that was on the assumption that I did not have any other property. Does anyone know what the position would be given that I know have an interest in another house? I have never lived in that other house.
Any assistance would be much appreciated!
