Stamp duty on council land

Options
We are looking to purchase some land from a local authority to extend our garden. Council have given the go ahead but unsure if we need to pay stamp duty on the land? 

The land is currently under local authority housing and would connect to our garden directly. We own our property and the land it is on. Its a small section and they are asking £5350.

Comments

  • lincroft1710
    lincroft1710 Posts: 17,649 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Options
    Current minimum transaction amounts which would attract SDLT are £150,000 for non residential (including land which is not part of a garden) and £250,000 for residential.


    So either way your intended purchase price is way, way below the SDLT threshold
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • Bike_crazy94
    Options
    Thanks for your reply. Wasn't sure if there were different rules for council land! 

    Cheers

Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.4K Work, Benefits & Business
  • 608.2K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards