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stelfox
@jv and @stelfox
Yes, also applies to overseas property. I spent a while looking at this recently (sister and brother-in-law were buying a house and he already owns somewhere in Ireland) and it is very difficult to get around (I managed to find a loophole in that case but only because they bought whilst the transition arrangements were happening, I think it would be too late now).
There's obviously the option of just not declaring it but that is fraud.