Back To Back Staircasing . The new Craftsman style staircase However, staircasing to 100% won't obtain the freehold of a flat, or a leasehold house A conveyancer, preferably specializing in staircasing, is essential for advice.
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The seller has to undertake the staircasing, as the buyer would not be entitled to do this at the point of purchase However, staircasing to 100% won't obtain the freehold of a flat, or a leasehold house
16.2.1 Plain Square Bar Staircase layout, Stairs, Banister remodel Another way of thinking about sub-sale relief is that it is a way of preventing a double tax charge - i.e When you have a buyer ready to complete the purchase, you will simultaneously staircase to 100% and. (The only way to be entitled to 100% of the sale price would be to undertake staircasing to 100% in advance of selling your home on the open market.
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What is staircasing? . And this won't be an option for shared owners whose lease terms cap staircasing. The new buyer acquires the 25% share together with the 75% share from the housing association.
staircasing Staircase design . This is why back-to-back sales are often known as 'simultaneous sale and staircasing' - the emphasis here is on the 'simultaneous' part This is known as back-to-back staircasing or simultaneous sale and it may be an option if you've been through the process and haven't found a buyer, own a large share and this makes it unaffordable to other potential shared ownership buyers, or you believe that the property is worth more than the valuation.