[pja]

I believe this isn't true any more. Legally, stamp duty will be due at 15% in this case.

Only for newly built properties - the transfer into corporate ownership attracts 15% duty. However, properties that are already owned by offshore companies care unaffected.

I agree that there are probably ways round the new rules too: The tax laws in this country are so complex that those who can employ the best accountants and lawyers can often simply out argue the Inland Revenue.