Second Home property premium exceptions

Exceptions to the second home premium

• Properties where probate has recently been granted - After probate the property can be exempt for up to six months. At the expiry of the exemption the property will have an exception from the second home premium for a further 12 months.

• Properties being actively marketed for sale or let - A 12-month exception to the second home premium applies to properties that are actively marketed for sale or let. The exception would run from when the exception first applies until the end of the exception period or until the property is no longer actively marketed, sold, or let (whichever is sooner). 

• Annexes being used as part of the main home - An exception to the second homes premium for annexes which form part of a single property which includes at least one other property. The exception will not apply to annexes where they are not being used as part of the main residence.  

• Job related property - The second homes premium does not apply to your second home where your employer requires you to live at a specific address. This exception will not apply to cases where someone chooses to have an additional property to be closer to work while having a family home elsewhere or where an individual is posted to a new location but maintain their previous address. 

• Armed forces accommodation - The second homes premium does not apply to your second home where you have been provided with armed forces accommodation.

• Occupied caravan pitches and boat moorings - A pitch occupied by a caravan and a mooring occupied by a boat are an exception to the second homes premium. 

• Seasonal homes where year-round or permanent occupation is prohibited or has been specified use - Properties that have planning restrictions or other conditions on occupation and use in place which prevent year-round occupation, are an exception to the second homes premium.