When buying a new build property, the Stamp Duty Land Tax (“SDLT”) payable can often be a deterrent for purchasers. It is therefore not uncommon for developers to sell a vacant plot of land and simultaneously enter into a building contract for the construction of the dwelling.
This week, Constructive Law’s Rebecca Palmer joined forces with Ellisons’ Commercial Property Solicitor, Bethan Williams, to outline the SDLT advantage of buying a vacant plot of land. To read more click here.