In hindsight, the 2018 Homes (Fitness for Human Habitation) Act clearly indicates that the property should not have been considered as suitable for residential living. Despite its numerous habitability issues.
However, the client’s case was strong, and the claim was efficiently resolved within 3 weeks, resulting in a full reimbursement paid within 5 days.
Ultimately, the client paid a £200 stamp duty charge at a non-residential rate, which equates to 2% of £10,000 and exceeded the £150,000 stamp duty threshold.
As commonly seen, the conveyancing solicitor was hesitant to classify the property as non-residential in the stamp duty return, avoiding what they thought would be a contentious assessment.