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  3. Will there be any issues if the property is to be resold as a residential property in the future?

Will there be any issues if the property is to be resold as a residential property in the future?

The HMRC classification of ‘residential’ or ‘non-residential’ is used in the context of stamp duty taxes to be paid. So, if a property is classified as non-residential for stamp duty purposes and it is resold in the future, it would be sold as a residential property, assuming the building is used as a place of residence.

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