Title Deeds and VAT - Query

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Blueboy1875
Posts: 4
Joined: 14 Nov 2017 16:36

Title Deeds and VAT - Query

Post by Blueboy1875 »

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

Post by Nigel Howarth »

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: 4
Joined: 14 Nov 2017 16:36

Re: Title Deeds and VAT - Query

Post by Blueboy1875 »

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