Paragraph 7A F1
Sub-paragraph (3) applies in relation to a chargeable transaction—
where—
the buyer is an individual, and
the main subject-matter of the transaction consists of a major interest in two or more dwellings (“purchased dwellings”),
where only one of the purchased dwellings is a qualifying dwelling, and
to which paragraph 15 of Schedule 5 does not apply.
But sub-paragraph (3) does not apply in relation to a chargeable transaction that—
is within sub-paragraph (1), and
to which paragraph 18 of Schedule 5 applies (intermediate transaction treated as a higher rates residential property transaction).
For the purposes of this Schedule, the interests in the qualifying dwelling mentioned in sub-paragraph (1)(b) and a purchased dwelling (or more than one) that is subsidiary to it are treated as if they were an interest in a single dwelling.
For the purposes of this paragraph, a purchased dwelling (“dwelling A”) is subsidiary to a qualifying dwelling (“dwelling B”) if dwelling A would be subsidiary to dwelling B for the purposes of Schedule 5 (see paragraph 14 of that Schedule).
In this paragraph, “qualifying dwelling” means a dwelling that is a qualifying dwelling for the purposes of Part 3 of Schedule 5 (see paragraph 13 of that Schedule).