Buying a block of apartments

Buying a block of apartments

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Hi,

I am buying a block of apartments (previously a house that has been converted) separately. First I am buying apartment 1, then 2 and then finally 3.Is there any tax complication? or any other factors I need to consider before going ahead? Please comment whatever you can think of. please

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By Hansa
23rd Apr 2012 19:50

Ensure you get the freehold

If you are going to purchase all 3 flats then I assume you have also negotiated to buy the freehold?  As far as tax is concerned, there are no obvious complications I can think of.

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