Hi,
I am in the process of buying a plot, there is an old wooden shack on it that is uninhabitable, I have received outline planning and can knock down and build on the plot, one of the reasons I received planning was the fact that the planners agreed that the house could not be renovated or ever lived in again, would this class the plot as non residential because the shack is uninhabitable which would make it exempt from Stamp Duty, I know I have got three years to build and shall have to sell my house I am living in within this period to claim back SD but it would help with funds if I was exempt from paying it?
Kind regards,
Kevan