Buying a house with an annexe and Stamp Duty Land Tax
Before you bid for a houses with an annex you need to carefully consider the amount of Stamp Duty Land Tax (SDLT) you will have to pay; it is complicated.
Ashley Wilson Solicitors is an established, boutique law firm specialising in London property law. We offer unrivalled personal service and extensive expertise developed over 30 years since our inception by senior partner Tony Wilson.
Operating from our offices in London Bridge and South Kensington we offer our services to residential, commercial and corporate clientele who require a prompt and efficient service to complete their conveyancing processes as well as a range of additional and related activities including litigation, commercial property matters, Wills, Trusts and Probate.
Our dynamic team offer an energetic approach and believe in providing the highest quality service for our clients and delivering on agreed objectives at minimal cost and disruption.
Our capabilities span a range of property law related areas and our team of experienced solicitors can provide you with the expert level of advice you require across the full spectrum of your property portfolio.
Residential conveyancing naturally forms a large part of our work and due to the nature of property in the capital, we are able to act on your behalf in all aspects of your property. We act for both landlords and tenants in the creation and management of tenancy agreements, dispute resolution and litigation as well as personal estate and equity based legal services.
From a commercial standpoint our expertise covers both corporate and business property portfolio management, commercial property conveyancing as well as litigation and contract disputes between landlords and commercial entities.
Before you bid for a houses with an annex you need to carefully consider the amount of Stamp Duty Land Tax (SDLT) you will have to pay; it is complicated.
The Annual Tax on Enveloped Dwellings (‘ATED’) is a yearly tax mainly payable by non-natural persons (i.e. companies) that own UK residential property valued at over £500,000.
The government has issued the Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2026 (SI 2026/156), which updates the annual ATED charges for periods beginning on or after 1 April 2026. The Order came into force on 24 February 2026 and fulfils the statutory requirement in s.101(5) Finance Act 2013 to uprate the annual charges in line with inflation.
A new Bill which will fundamentally change the way renting residential property in the UK works is currently going through its second reading in the House of Commons.
If enacted, Assured Shorthold Tenancies will be scrapped and all new tenancies will be Assured Periodic Tenancies. The Section 21 ”No fault” process for recovering possession will no longer exist and so landlords will only be able to recover possession by using the existing Section 8 procedure and proving their ground for recovery of possession. It is proposed that new grounds for recovery of possession will be added including where the landlord wishes to sell the property.