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Stamp duty when transferring a property due to divorce?

(6 Posts)
Noregrets78 Fri 21-Mar-14 13:04:05

Just had a scary conversation with conveyancer - she mentioned there would be stamp duty to pay if the consideration (i.e. how much I'm paying for his share) plus half of the mortgage outstanding on the house was more than �125k.

I think I'm just over the threshold but don't really understand. When i've googled it, HMRC website seems to say no stamp duty to pay when divorcing. But surely a fully qualified conveyancing solicitor wouldn't be wrong...

We're already divorced, but have just got the sealed consent order through.

Does anyone know if I might have to pay stamp duty?

mumblechum1 Fri 21-Mar-14 13:44:52

Unless the law has changed since I was a divorce lawyer, you don't have to pay.

Chasingsquirrels Fri 21-Mar-14 14:04:08
Chasingsquirrels Fri 21-Mar-14 14:05:02

Oh, I see you already googled HMRC info

Collaborate Fri 21-Mar-14 20:15:12

No stamp duty is payable when the transfer is to effect a court order on divorce.

Noregrets78 Fri 21-Mar-14 21:46:17

Thanks everyone. I shall stop stressing, but keep an eye on my conveyancing solicitor if they can't get this basic fact right!

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