We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Anyone know if the stamp duty holiday applies to building plots?
MrGumby
Posts: 182 Forumite
Anyone know if the stamp duty holiday applies to building plots?
0
Comments
-
Nope. Only for dwellings ie things which are already house-shaped on the date of completion. Normal non-residential rates apply for everything else.1
-
If the building plot is part of someone's garden and you are buying it from the house owner, then it is likely to class as "residential property" and so benefit from the temporary reduced rates.
If it is something else, like a corner of a farmer's field, then it is likely to count as non-residential and so will be charged at the non-residential rates, which do not benefit from the temporary reduction, but which do not exceed 5%.
1 -
Thanks for the answers but they conflict so I'll investigate further. Will update this if I get a clear answer.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.4K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456K Spending & Discounts
- 248.1K Work, Benefits & Business
- 605.4K Mortgages, Homes & Bills
- 178.9K Life & Family
- 263.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards