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Posted Fri, 19 Jul 2024 13:56:27 GMT by Helene Pans
I have recently received a 33% bare ownership of a property in Belgium (equally shared with siblings) with my parents having usufruct, I have 3 questions: 1. Am I eligible for the first house buyer scheme? As I don’t actually have the right to use the property in Belgium or to sell it or rent it? 2. Do I have to pay stamp duty in the UK? 3. Do I have to declare the bare ownership, if so where?
Posted Wed, 24 Jul 2024 07:22:13 GMT by HMRC Admin 19 Response
Hi,

Please contact the Stamp Duty Land Tax team for advice.

Stamp Duty Land Tax

Thank you.

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