Quote:
Originally Posted by jojo
Now thats a possibility, although we're gonna have to move the mortgage over and that may make the property in Spain less attractive to the mortgage lender maybe?? - plus, if we want to sell in the future, we'd have an even bigger capital gains tax to pay (...... assuming the property does gain??????) However, that would also solve the stamp duty problem at the english end. Hhhhhmm!??!!! I dont mind bending the rules a little, but I dont want to do anything illegal
If we do this, I think we'll need some very "clued up" lawyers both ends. any reccomendations????
Also, am I right in thinking that it isnt the norm to have a surveyor look over Spanish properties as is done in the UK??
Jo
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Yep could have a problem when you sell it with Cap Gains good point hmmmmm
I dont think its illegal its your property sell it for what you like . specially at the moment it will be ok to be lower as the current market , is iffy isnt it ..
Yep surveyors will look to ensure mortgage is covered but they dont really give a stuff being honest, as long as there moneys covered ..
I shall put me thinking cap on it for you Jo and if i can think of solution will advise