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Stamp Duty Land Tax SDLT calculation tax specialist required

leftandfred
leftandfred Posts: 42 Forumite
Sixth Anniversary 10 Posts Combo Breaker
edited 26 September 2024 at 11:39PM in House buying, renting & selling
Hi everyone,
i am currently buying a very delapidated house with adjoining moorland /woodland that also has a barn on the adjoining land,the house and land are on seperate deeds with their own title number and boundaries. the land has no dwellings on it and never has had, just an open fronted and open backed barn.
my solicitor has said i will have to pay SDLT at 3% as i am not selling my existing home.
Reading on the GOV website and from all the information that is given i think my purchase should be put through as a mixed use property at a much lower SDLT.
i have been advised by my solicitor that this requires specialist tax advise and that most solicitors outsource this kind of tax calculation to a specialist company who look at all the facts and work out a calculation, presumably taking responsibilty for the calculation on behalf of the acting solicitor. strangely my solicitor does not know of such a specialist.
could anyone piont me in the right direction for such a SDLT specialist ?

Thanks

Comments

  • silvercar
    silvercar Posts: 50,303 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    edited 27 September 2024 at 7:22AM
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • SDLT_Geek
    SDLT_Geek Posts: 3,009 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Hi everyone,
    i am currently buying a very delapidated house with adjoining moorland /woodland that also has a barn on the adjoining land,the house and land are on seperate deeds with their own title number and boundaries. the land has no dwellings on it and never has had, just an open fronted and open backed barn.
    my solicitor has said i will have to pay SDLT at 3% as i am not selling my existing home.
    Reading on the GOV website and from all the information that is given i think my purchase should be put through as a mixed use property at a much lower SDLT.
    i have been advised by my solicitor that this requires specialist tax advise and that most solicitors outsource this kind of tax calculation to a specialist company who look at all the facts and work out a calculation, presumably taking responsibilty for the calculation on behalf of the acting solicitor. strangely my solicitor does not know of such a specialist.
    could anyone piont me in the right direction for such a SDLT specialist ?

    Thanks

    I am reluctant to suggest names on the open Forum, but I will DM @leftandfred with some suggestions.
  • SDLT_Geek
    SDLT_Geek Posts: 3,009 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    SDLT_Geek said:
    Hi everyone,
    i am currently buying a very delapidated house with adjoining moorland /woodland that also has a barn on the adjoining land,the house and land are on seperate deeds with their own title number and boundaries. the land has no dwellings on it and never has had, just an open fronted and open backed barn.
    my solicitor has said i will have to pay SDLT at 3% as i am not selling my existing home.
    Reading on the GOV website and from all the information that is given i think my purchase should be put through as a mixed use property at a much lower SDLT.
    i have been advised by my solicitor that this requires specialist tax advise and that most solicitors outsource this kind of tax calculation to a specialist company who look at all the facts and work out a calculation, presumably taking responsibilty for the calculation on behalf of the acting solicitor. strangely my solicitor does not know of such a specialist.
    could anyone piont me in the right direction for such a SDLT specialist ?

    Thanks

    I am reluctant to suggest names on the open Forum, but I will DM @leftandfred with some suggestions.
    Done, hopefully that arrives safely.
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