Jan the old one wrote:Marco, so if I was overseas purchaser of property I could avoid stamp duty? Never knew that ?
MarcoC wrote:Sold to overseas investors doesn't necessarily mean empty though. Look at One The Elephant, many overseas investors bought the flats off-plan many years ago and then re-sold them before completion to Londoners. The overseas investors made a controversial huge profit (and even avoided Stamp Duty...), but the development is actually very lively now.