House for sale advertised as Section 27 tax designation

Roro999

Registered User
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I have come across a houze built circa 1940 for sale privately and it's advertised as a section 27 tax designation.

The vendor doesn't know what it means and I assume it was such a property when she purchased it over 20 years ago.

Can anyone throw any light on this and would it have any implications today on me buying it ?
 
Ask the vendor's solicitor to provide the documentation that supports their assertion of "Section 27 tax designation" and see what that says.
 
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