Overseas Chambers of Peter Harris

65. Without correct advice, nus-propriétaires might find themselves incorrectly subjected to the 3% SDLT surcharge. prior to 31st March 2021 (deadline now extended to 30th June, 2020)

March 3rd 2021

See the French language version (top right of page or link for a fuller description of the issue.

 

In summary, a French or other European nue-propriété right should not be and cannot be considered to be an "additional property" for SDLT purposes.

 

Peter Harris can provide a written opinion to support this on instructions.