Title Deeds and VAT - Query

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Blueboy1875
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Joined: 14 Nov 2017 16:36

Title Deeds and VAT - Query

#1 Post by Blueboy1875 » 14 Nov 2017 16:41

Hello.

I bought my apartment in 2007. The purchase price included VAT.

Does the payment of VAT as part of the purchase price mean that I will not have to pay any monies for my title deeds (which I've already applied for under the recent legislation)?

I ask as I seem to recall reading something which suggested that the payment of VAT means the payment of nil in title deeds costs.

Many thanks for any advice.

Blueboy1875



Nigel Howarth
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Re: Title Deeds and VAT - Query

#2 Post by Nigel Howarth » 14 Nov 2017 18:33

Hi Blueboy1875 and welcome to the forum.

If you paid VAT on the purchase price of the property, you will pay no Property Transfer Fees.

Regards,


Nigel Howarth
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Blueboy1875
Posts: 2
Joined: 14 Nov 2017 16:36

Re: Title Deeds and VAT - Query

#3 Post by Blueboy1875 » 15 Nov 2017 11:18

Thanks for clarifying that, Nigel. Some positive financial news at last in relation to my tortuous purchase in Cyprus!



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