If Your Property Includes A Self-Contained Annexe, You Are Eligible To Claim A Stamp Duty Refund
If you have annexes capable of being a separate dwelling in the same property with a main house, you are qualified for residential annexes relief.
Fill out the form to learn how stamp duty rebate works for uninhabitable properties.
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Request a call back for a chat to see if you are eligible for a stamp duty refund.
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HOME OWNERS
Opportunity For Home Owners
The stamp duty rebate for residential annexes provides an opportunity for homeowners to benefit from potential tax savings when purchasing properties with self-contained additional dwellings.
Understanding the eligibility criteria and SDLT treatment is essential to make informed decisions regarding such transactions. For the most current and tailored advice, consulting with a qualified tax professional or solicitor is advisable.
If you have residential annexes in your apartment, you might look into the following considerations:
It’s crucial to consider how the property will be owned, especially if the annex is intended to be used by a family member or as a separate rental unit.
Due to the complexity of property transactions and SDLT rules, seeking advice from a qualified solicitor or tax advisor is highly recommended.
RESIDENTIAL ANNEXE
SDLT Treatment For Residential Annex
A residential annex is a self-contained living space within a property, typically used to accommodate relatives and guests, or as a separate rental unit. In the context of SDLT, a rebate or relief may be applicable when a residential annex is involved in a property transaction.
SDLT Treatment for Residential Annexes include:
When a residential annex and the main residence are purchased together, HMRC generally treats them as a single transaction for SDLT purposes.
The total purchase price of the entire property (main residence and annex) determines the applicable SDLT rate.
If the combined purchase price exceeds a certain threshold (e.g., £125,000 for residential property as of September 2021), SDLT will be levied according to the standard rate bands.
Claim SDLT RefundFor Residential Annexes
01
Do An Eligibility Check
Determine if your eligible
02
Documentation And Legal Guide
Collate documentation and submit claim
03
Refund Payout
Receive refund within 6-8 weeks
Frequently Asked Questions
An annexe will be exempt (which means you don’t have to pay Council Tax) if it is separately banded for Council Tax but forms part of another property and a dependant relative is living in it as their main or only home.
An annexe typically has the following features: It has been built or adapted to use as separate living accommodation. It has its own cooking, toilet and washing facilities.
There are many different types of annexes. It may be a smaller building, away from your house or a room or level of a house specifically sectioned off to create a self-contained studio or flat.
The annex can be attached to the main property or housed in a converted outbuilding such as a barn or garage. Regardless of its location, for it to be an annex, not a separate dwelling, it must only be occupied by one household.
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