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How to value a freehold?
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OlivierinLondon
Posts: 3 Newbie
I have redevelopped my freehold property and intend to break the deed into 3 deeds, one long leasehold for each units of this small redevelopment. I would like to place a value on the freehold as it is my understanding that stamp duty might be raised based on the value of the freehold.
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Comments
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Stamp duty is normally payable by the purchaser of the property, so I'm unclear in what context you need to do this.0
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I am selling to myself, just restructuring the one deed property into 3 leasehold property. Aim is to be abale to remortgage indvidually and have the possibility to sell one of the unit.
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Assuming you mean the value of the freehold after the leases are granted, it's going to depend on the terms of the leases.0
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