My question is about the recent changes in the SDLT (Stamp Duty) rules.
I wish to purchase a residential property in the UK which will be my first main residence in this country.
However, I am an EU national and my parents’ home in my country of origin is technically also in my name. I use the term ‘technically’
as I only have bare ownership of that property and the full beneficial is my mother. Unlike me, she has the permanent right to live in it, and rent it, and keep any profits arising from the use of the property.
These rights and full ownership to the property will pass to me only after her death. Does the fact that my property abroad is not really mine to use or benefit from, mean that I don’t have to pay the extra stamp duty when I purchase my first home in the UK?
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