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?
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Stamp duty when transferring a property due to divorce?
5 replies
Noregrets78 · 21/03/2014 13:04
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