Estate Agents In York

Sunday, February 17, 2019

Must I pay higher-rate stamp duty because of my flat in Athens?

Reader inherited a flat in Athens 15 years ago and is now looking to buy a flat in London

Q I inherited a flat in Athens when my mum passed away over 15 years ago. I moved to London in 2010 and I have been renting here ever since. The flat in Athens has been let out since 2014. This flat is also mortgaged as I took out a loan in 2005 to fund my masters degree.

I have now managed to get enough money together to put down as a deposit on a flat in London and I am trying to figure out if I have to pay the higher rate of stamp duty or not and what can I do to avoid this.

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from Property | The Guardian http://bit.ly/2DMe3TM
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