Highseas53

Registered with Property118.com
Thursday 29th January 2015


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Total Number of Property118 Comments: 1

Highseas53

14:08 PM, 23rd September 2020, About A year ago

Inheritance for 12 year old and declaration of trust!

I purchased a number of buy to let freeholds 15 years ago which now need to be remortgaged. I took out personal mortgages with the lenders in my name but the properties are held in a Ltd company under a declaration of Trust with me as the nominee. The Ltd Company has paid the mortgage and collected the rents on the properties since day 1.
Question - if I remortgage in the Company name instead of my personal name will there be a liability to Stamp Duty ?... Read More