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Readers’ forum: Property purchase plan

11 August 2020
Issue: 4756 / Categories: Forum & Feedback
Capital gains tax and SDLT in a house purchase and resale.

My client lives in a substantial house – ‘Toad Hall’ – which is the last property before a bend in the road. Being on the bend the neighbouring house – ‘Dulce Domum’ – sits on a plot that is very much larger. Without drawing a diagram and although the frontages are the same the neighbouring plot is shaped more like a slice of a circular pizza rather than my client’s rectangular plot. Dulce Domum has recently come on to the market. My client likes his house and does not want to move but he would like a larger garden. He plans to buy the property next door and move the fence dividing the properties across into the neighbouring plot to increase the size of his own garden by about half again.

Once the property deeds have been amended my client then plans to resell Dulce...

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