Hi, not sure if this is in the right forum but here goes.
We’re in the process of purchasing an infill site that that is being sold by a company. The site is zoned for residential and we are building our primary home on it. Our solicitor has informed us that we’ll be paying a 4% stamp duty rate. I looked it up the regs stated a 7% but I thought it would be charged at the residential rate if it was being bought for residential use.
Em_cat
We’re in the process of purchasing an infill site that that is being sold by a company. The site is zoned for residential and we are building our primary home on it. Our solicitor has informed us that we’ll be paying a 4% stamp duty rate. I looked it up the regs stated a 7% but I thought it would be charged at the residential rate if it was being bought for residential use.
Em_cat