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Stamp Duty

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Canalp74
Posted by
Junior Member

18 Jul 23 #521456 by Canalp74

Topic started by Canalp74

Hello
As part of our divorce financial settlement, I will be redeeming the mortgage of the FH which I no longer reside. Once the title and full equity is transferred to my ex wife will there be any stamp duty applicable?
if so, who is liable for the duty ?

JCIMS
Junior Member

14 Aug 23 #521572 by JCIMS

Reply from JCIMS

You only pay Stamp Duty on a property that you buy.

CGT may be an issue - depends on how long you've been living away from the fh. Get advice from an accountant / tax specialist.

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