Makkers82 Posted January 4, 2021 Share Posted January 4, 2021 Hi All We've just put in an offer on a building plot which has outline planning permission, essentially part of a farmer's field - Will stamp duty be payable on our purchase and if so at which rate? Is it currently classed as non-residential? Many Thanks! Link to comment Share on other sites More sharing options...
ProDave Posted January 4, 2021 Share Posted January 4, 2021 Stamp duty is payable (or not) on the price you pay. In many cases in cheaper areas plot prices are below the threshold for paying any stamp duty. Link to comment Share on other sites More sharing options...
Makkers82 Posted January 4, 2021 Author Share Posted January 4, 2021 Thanks ProDave - Our offer is £150,000 so I think this is 0%, just wanted to make sure that this is classed as non-residential for SDLT. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now