SCHEDULE 5HIGHER RATES RESIDENTIAL PROPERTY TRANSACTIONS
PART 3BUYER IS AN INDIVIDUAL: MULTIPLE DWELLING TRANSACTIONS
Two or more buyers
12
Where there are two or more buyers who are individuals in a transaction—
(a)
the transaction is a higher rates residential property transaction if paragraph 11 applies in relation to any one of the buyers;
(b)
an intermediate transaction (within the meaning given by paragraph 18(2)) is to be treated as a higher rates residential property transaction if paragraph 18 applies in relation to any one of the buyers.