Just wondering if anyone has had any luck converting a hybrid trust to a unit trust and avoiding the trust re-settling and hence incuring stamp duty?
The hybrid trust I have has only been used as a unit trust so far.
I am looking to refinance the proprties held in the trust, but am having difficulty getting finance (through a broker) due to it being a hybrid.
Cheers,
Nick
The hybrid trust I have has only been used as a unit trust so far.
I am looking to refinance the proprties held in the trust, but am having difficulty getting finance (through a broker) due to it being a hybrid.
Cheers,
Nick