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chatham-chamber
chatham-chamber, Solicitor
Category: Property Law
Satisfied Customers: 13618
Experience:  LL.B, Pg.Dip, LL.M, M.B.A (Pending), Solicitor-Advocate. UK Practising Certificate issued by SRA., DIFC Courts Registered (Dubai)
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I have a share property of flat in Greece. Me and my husband

This answer was rated:

HelloI have a share property of flat in Greece.
Me and my husband who has no other property want to get into mortgage . Can I get the discount of stamp duty
Could you please assist.?
Thank you

Hi,

Thank you for your query. What is the value of the property?

Customer: replied 6 days ago.
It is around 69000 objective value in total and my share is around 44000 euro

Hi,

If that is the case, you would not be able to apply for the discounted rate of stamp duty and will.have to pay the higher rate.

The form asks whether younhave any property abroad over the value of £40k.

Therefore, you would not be eligible for the discounted rate.

I hope this answers your questions. If so, kindly rate the answer and provide feedback

Many thanks

Customer: replied 6 days ago.
Yes then maybe I could since 44 k in euro are now 37 k.
Could you inform how HMRC knows my property abroad.also I own bare ownership to some houses .It is the legal state in Greece stating when my parents die the property passes to me.But I do not own them now
Thanks

Hi,

HMRC relies on you to give honest and frank answers to questions. They do not automatically know that you own Proeprty in Greece.

I hope this answers your questions. If so, kindly rate the answer and provide feedback.

Many thanks

chatham-chamber and other Property Law Specialists are ready to help you
Customer: replied 6 days ago.
Yes of course thank you so much giving the feedback. Thank youu