ASK183: Can we claim our 3% stamp duty back? PLUS: Why is the rent on this auction property so low?

ASK183: Can we claim our 3% stamp duty back? PLUS: Why is the rent on this auction property so low?

By Rob Bence and Rob Dix from The Property Hub

And we’re back… welcome to another episode of Ask Rob & Rob.

First up this week we have Matt from Birmingham. Matt has read an article about a couple managing to avoid paying the 3% stamp duty on a derelict building they’ve purchased. Naturally Matt is wondering if there is any evidence on landlords now being able to claim back the 3%.

Rob D is familiar with this story and is aware of the court battle between this couple and HMRC, so listen as he delves into some of the facts. But before you start to swamp HMRC with claim-back requests, listen carefully at some of the pointers and areas of uncertainty. A very interesting one to keep an eye on.

Our second question is from Aseeb who wants some tips on auction property.

He’s seen a potential investment property where there’s a regulated tenancy in place, but the rent is half the expected amount on a property of this size and type in the area.

Listen as Rob D talks us through what a regulated tenancy is and what makes it so unusual - and why a Section 21 notice wouldn’t be any help at all.

Another very interesting question this week, so hit play and have a listen.

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The next question on Ask Rob & Rob could be yours.

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