Wondering if anyone can help me with a stamp duty question.
Situation is dp own a owns a property which he rents out. He also owns one with me, we are separating, Im buying him out, he is being taken off the deeds of this shared property. He is purchasing a new property. After researching stamp duty I can not work out if he will have the larger amount of stamp duty to pay (around £5000), or the lesser amount of around £400. We have used the stamp duty calculator on Gov website, but not sure if him being taken off the deeds is classed as the same as us selling the house.
Can anyone please help?
Thanks
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Stamp duty
12 replies
sringinthestep · 22/05/2018 21:53
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