There is a £500,000 mortgage secured on the property in Wales and the transfer is subject to this charge plus a sum of £2.3m. The transfer of the land in Wales is a land transaction for LTT.
Mae morgais o £500,000 ynghlwm wrth yr eiddo yng Nghymru ac mae’r trosglwyddiad yn ddarostyngedig i’r tâl hwn yn ogystal â swm o £2.3 miliwn.