SDLTM28330 - Reliefs: Alternative property finance

Land sold to a financial institution and individual in common: Scotland: The second transaction FA03/S72A(3)

Relief from stamp duty land tax may be claimed by the individual on the second transaction, the agreement of the right to exclusive occupation, 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 SDLTM28320.

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