Stamp duty paid on whole building value?Make Text Bigger
I would be very grateful if someone could give me simple advice on stamp duty. We bought a building with 5 studio flats in & paid the full stamp duty cost as if it was one large property, so paid 3% on £350,000 around £10,200.
I have worked out that if we had paid as 5 x individual flats we would have only paid 1%. Each flat has separate council tax so classed as individual flats by the tax office.
Can we get a refund after we have converted back to a single dwelling.
Love to here your comments & experience on this issue.
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