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HMRC internal manual

Stamp Duty Land Tax Manual

Reliefs: First Time Buyers - Conditions applying to the land

The relief may be claimed if the following conditions are met:

  • The subject-matter of the transaction must consist wholly of an interest in land which is residential property (defined at FA03/S116). Non-residential or mixed use property does not qualify.
  • The acquisition must be of a major interest in land (defined at FA03/S117). That is, a legal or beneficial interest in freehold or leasehold land. In the case of a grant or assignment of a lease, the relief does not apply where the lease has less than 21 years to run at the time of acquisition.
  • The transaction must not be linked with any others for SDLT purposes (linked transactions are defined at FA03/S108) except where an acquisition of a separate interest in residential property within FA03/S116(b) or (c) is linked with the acquisition of a building within FA03/S116(a): for example, a separate lease of a garage in a block.