Penningtons Manches

UK 200 2013 position: 90

Categories:Real Estate,Tax,UK

Social Housing Update — March 2014: final staircasing — don’t forget the SDLT

By Linda Storey

When a shared ownership home is bought from a housing association, the new leaseholder is given plenty of advice on stamp duty land tax (SDLT). But associations often forget how this works when their leaseholder or, in cases of repossession, their lender wants to buy the home outright, or ‘staircase’. The rules can be summarised as follows…

Click on the link below to read the rest of the Penningtons Manches briefing.


Abacus House
33 Gutter Lane