This is my first post so my apologies if this has already been answered or if I've posted it in the incorrect forum.
I personally own the freehold of a mixed use property consisting of a retail unit & 2 residential flats. (This is an additional property to my main home). I have been advised to create 2 leases for the flats and transfer these 2 units into my LTD Company for ease of raising finance in the future as well as inheritance tax purposes for my children.
My accountant informed me of another client of theirs that did a similar transaction but did not pay any SDLT due to some exemptions. I have tried contacting the solicitor involved but have not had any success.
Is anyone able to confirm or explain to me if there are any exemptions for my situation?
Any help would be much appreciated.
Thank you in advance.
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