Lustworthy homes with annexes on sale in the UK
Quoting James Law of Stacks Property Finders
Jamie Law, a buying agent at Stacks Property Search, says there’s a stamp duty loophole where the total price of the estate is divided by two, and the tax is payable on each half. “It’s not necessary for the two properties to be registered separately,” Law says. “Take a single property with a sale price of £1 million: stamp duty payable is £43,750. If you have a property with an annexe, where stamp duty is payable on two properties worth £500,000 each, the total payable will only be £30,000.”
If you are interested in buying a property in Dorset, please contact James / 07990 880164 / jameslaw@stacks.co.uk
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