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Hello ,I am an expert with Just Answer and I am pleased to assist you with your question . I am currently reviewing your question and I will get back to you .
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Thank you for your patience , after reviewing your question , depending on your financial position , the best advice is to go the mortgage way , unfortunately there is no government aid to assist on this .If you do transfer the properties into the company the company will be liable for stamp duty and you will also be liable for capital gains tax , this has great implications.
Please kindly feel free to ask if you need me to clarify my answer .
All the Best
Hello, thank you for your patience , you will be charged SDLT on the purchase of this house , It will also depend on when you want to purchase the property as there is still SDLT holiday till the 31 of March. If you keep the 3 flats you will only be taxed on rental income you receive.
I hope that answers your questions .
I am glad I managed to help.
All the best