The list of exemptions may be varied from time to time and is for guidance only. Always consult an expert in conveyancing
for detailed information. Current exemptions are as follows:
- Properties without vacant possession - any property sold with a sitting tenant is exempt from a HIP
- Short term leases - properties subject to a lease of less than 21 yrs remaining are exempt
- Non-residential premises - where the property is used for business (normal home/office
arrangements are not included in this definition)
- Dual-use properties - where a business uses a significant part of the property
- Conversions to non-residential use - where the property being sold will be converted to non-residential use
- Mixed sales - where a property is sold with a parcel of land
- Portfolios of properties - where the entire portfolio is being sold as one lot
- Unsafe properties - where the property is not fit for habitation
- Properties being demolished - to make way for a new development
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