SDLTM28230 - Reliefs: Alternative property finance

Land sold to a financial institution and leased to an individual: Scotland: The second transaction FA03/S72(3)

Relief from stamp duty land tax may be claimed by the individual on the second transaction, the granting of a lease by the financial institution to the individual, if all the requirements relating to the first transaction are complied with, including payment of any stamp duty land tax due on the first transaction. See SDLTM28220.

There are no other requirements to obtaining the relief on the second transaction.