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26th May 2016

An increasing number of UK landlords are currently considering investing in property abroad to avoid the new stamp duty surcharge introduced by the government last month, new research suggests.

 

In an attempt to secure better returns on their investment, nearly a quarter (23%) of landlords are genuinely considering purchasing property overseas in order to pay less purchase tax, according to a new survey by online estate agent PropertyLetByUs.com.

 

In terms of the ideal overseas location for investing in property, France came out on top for one in five landlords (23%).

 

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