Serviced apartment stamp duty in Edinburgh?

by Readers Question

9:16 AM, 23rd February 2017
About 2 years ago

Serviced apartment stamp duty in Edinburgh?

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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. Edinburgh

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



Comments

Ewan Murray

11:01 AM, 23rd February 2017
About 2 years ago

Cant see a way to lessen it.

Paul Baldry

13:43 PM, 25th February 2017
About 2 years ago

Could get the reduction as long as change of use to C1. Depends on if the council will allow the change


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