Our client bought a Spanish property some years ago. Due to the circumstances of the vendor, he in fact acquired the shares of a Gibraltar company, which in turn owned shares in a Spanish company which owned the property. The property has been occupied as a holiday home solely by our client. There has been no letting or income generated by the property, and all of the expenditure of maintaining it has been met directly by our client.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.