Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
Search Acumen Launches SDLT Submission Platform for Commercial Property
Search Acumen has expanded its Stamp Duty Land Tax (SDLT) submissions solution to include a dedicated offering for commercial real estate. The platform now enables direct online submissions to HMRC, aiming to increase efficiency for property professionals.
The technology allows SDLT forms to be completed online and can pre-populate up to 70% of the form using information already submitted elsewhere on the Search Acumen platform. Additionally, the system automatically attaches the returned SDLT to AP1 forms, which is designed to simplify the post-completion process and save time.
This new commercial-focused SDLT solution is part of Search Acumen’s ongoing development of a full end-to-end digital support service for commercial property transactions.
The launch is intended to help commercial property professionals streamline their SDLT submission process and focus more on client service.
Source: Mortgage Strategy