Serviced apartment stamp duty in Edinburgh?
Can anyone help? I am looking to purchase an apartment in Edinburgh for £200k and have been surprised at the stamp duty I must pay. ![]()
Is there a way to lessen this?
A contact has suggested this could be classed as a commercial transaction as its a business property.
Many thanks
Paul
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Why Did I Ever Invest in Buy to let?
Member Since July 2015 - Comments: 24
11:01 AM, 23rd February 2017, About 9 years ago
Cant see a way to lessen it.
Member Since September 2013 - Comments: 11
1:43 PM, 25th February 2017, About 9 years ago
Could get the reduction as long as change of use to C1. Depends on if the council will allow the change