Transfer tax

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Doog
Posts: 4
Joined: 31 Jan 2011 20:28

Transfer tax

Post by Doog »

If I buy a property, which has title deeds for the land and a completion certificate but has not yet had the buildings recorded on the title deeds, when it comes to transfer the property on purchase, is it only the value of the land assessed for transfer tax or the price for all the property?
Thanks, all advice appreciated.
Doog.
Nigel Howarth
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Re: Transfer tax

Post by Nigel Howarth »

Hi Doog and welcome to the forum,

The property transfer fees will be based on the market value of the land plus the market value of the house at its date of sale.

Regards,
Nigel Howarth
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