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Once they've actually bought it, yes. They can't really "rent" the business on a short-term basis.Herzlos said:
Why would the management be any different? Presumably you're going to be running the business to get money from the 10 holiday lets?carolineb5949 said:It's a possibility I suppose but not like renting a straight forward house, it's a large estate with house and 10 holiday lets so would be very complex because of business income and as we are the new estate managers if they did let us rent the house they would have to employ staff to run the holiday lets as they would expect to continue receiving income.0 -
Does the change in multiple properties SDLT announced in the budget have any bearing on this transaction?No reliance should be placed on the above! Absolutely none, do you hear?0
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It doesn't affect the OP's purchase given we don't have SDLT in Scotland.GDB2222 said:Does the change in multiple properties SDLT announced in the budget have any bearing on this transaction?
Sometimes the Scottish Government has followed similar principles in LBTT when there have been changes to SDLT, but I would guess there won't be any sudden changes - certainly no LBTT amendments have been announced post-Westminster Budget.2 -
No Scotland has not yet been affected thank goodnessGDB2222 said:Does the change in multiple properties SDLT announced in the budget have any bearing on this transaction?1
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