Back To Back Staircasing

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.

16.2.1 Plain Square Bar Staircase layout, Stairs, Banister remodel
16.2.1 Plain Square Bar Staircase layout, Stairs, Banister remodel from www.pinterest.com

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.

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.