SDLTM29821 - Conditions for claiming the relief – The purchased dwelling FA03/SCH6ZA/PARA1(2)

Single dwelling

Relief is only available in respect of the purchase of a major interest in a single dwelling.

Where a purchase consists of two or more dwellings, relief will not be due. It will be important in some cases to determine whether premises consist of one or more than one dwelling. It is a question of fact whether a purchase consists of one or more than one dwelling.

See SDTLM29851 for the meaning of ‘dwelling’.

Major interest

Relief is only available where the main subject matter of the transaction consists of a major interest in a single dwelling.

References to a major interest in a dwelling include an undivided share of a major interest in a dwelling.

The purchase of a lease which has less than 21 years to run at the beginning of the day after the effective date of the transaction is not a major interest for the purposes of the relief and so relief will not be due. (PARA8/SCH6ZA/FA03)

See SDLTM04130 for the meaning of a “major interest”.