SDLT Relief for Mixed-Use Property
Client: Property Investor Buying Commercial-Residential Site
Problem:
Client was advised to pay full residential SDLT on a £1.2M mixed-use property purchase. This would have resulted in over £70,000 SDLT.
Solution:
We identified that the property qualified as mixed-use, not fully residential, and applied the correct SDLT calculation using non-residential rates.
Result:
- SDLT reduced from £70,000 to £40,500
- No delays to transaction
- Client avoided overpaying by nearly £30,000
About us
We are an independent firm of Chartered Certified Accountants and Chartered Tax Advisers based in London. Since our establishment, we have been dedicated to supporting clients on their business journey, providing practical, reliable, and forward-thinking advice.