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has anyone ever house swapped? what is the deal?

(4 Posts)
petitmaman Tue 03-Nov-09 14:24:42

We are thinking of swapping houses with friends of ours who own a property similar in value. (permenantly, not just for a holiday).
obviously we would get a solicitor to draw up the paper work but does anyone know how it would work? would either/ both of us have to pay stamp duty?
thanks for any help.

RealityBites Tue 03-Nov-09 14:34:49

Message withdrawn

notamumyetbutoneday Tue 03-Nov-09 14:50:49

I think what reality is describign is a part-exchange, is that right? They are quite common at the moment it seems, the EAs we've seen this week have all asked us if we would consider part-exing.

I think a straight swop might have different rules, I'm not sure though.

RealityBites Tue 03-Nov-09 14:52:58

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