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08-01-2010, 12:00 PM
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One purchase 2 title deeds, stamp duty?
Hi, we are currently buying a house which we have discovered has 2 title deeds, one for the house and one for the adjoining land. They are owned by 2 separate but related people. The question is, is the stamp duty paid on the combined figure for both or is each treated separately and we pay stamp duty on the purchase price of each separately?
Many thanks. Last edited by battlehouse; 08-01-2010 at 12:07 PM. 
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11-01-2010, 04:19 PM
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Re: One purchase 2 title deeds, stamp duty?
If the two transactions are linked, the stamp duty land tax should be paid on the combined figure. However, as there are separate sellers then, if there are separate contracts, the Stamp Office may accept that the transactions are not linked - a client of mine built a block of 14 flats and granted leases of each tom his company, albeit on different days. Despite my dire warnings that the Stamp Office would treat them as liked transactions, they did not - I am still amazed!
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This is based on my experience as a conveyancing solicitor in England, but I do not accept liability for information I give in this forum
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11-01-2010, 08:13 PM
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Re: One purchase 2 title deeds, stamp duty?
Many thanks Justin, they are linked in the contract so no luck for me it seems.
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12-01-2010, 11:47 AM
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Re: One purchase 2 title deeds, stamp duty?
I would certainly consider them to be "linked transactions" in those circumstances
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This is based on my experience as a conveyancing solicitor in England, but I do not accept liability for information I give in this forum
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04-02-2010, 12:13 PM
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Re: One purchase 2 title deeds, stamp duty?
Quote:
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RICHARD WEBSTER www.rwco.co.uk As a conveyancing solicitor I want to be helpful (English/Welsh property only) but can't accept liability for this.
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