Alex Stocker

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Last quote by Alex Stocker

Mainly foreign buyers, particularly from the Far East, are capitalising on this loophole, which is part of the old SDLT system that was left unreformed. These buyers are looking to put serious capital into the prime London market as quickly as possible, and view this stamp duty loophole as an efficient means of doing it. There is also a growing trend of high net-worth purchasers from the Middle East using the rule as a way to simultaneously buy a luxury private residence and a high-end investment portfolio.feedback
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May 27 2017 London
Alex Stocker has most recently been quoted in an article called Eight ways to invest in property without paying a penny of stamp duty. Alex Stocker said, “Mainly foreign buyers, particularly from the Far East, are capitalising on this loophole, which is part of the old SDLT system that was left unreformed. These buyers are looking to put serious capital into the prime London market as quickly as possible, and view this stamp duty loophole as an efficient means of doing it. There is also a growing trend of high net-worth purchasers from the Middle East using the rule as a way to simultaneously buy a luxury private residence and a high-end investment portfolio.”.
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