beneficial interest transfer stamp duty costs

If I was to do a deed of assignment to transfer beneficial interest to my husband at 90% based on the following example, would it be subject to stamp duty as under the £250,000 threshold. Outstanding mortgage on BTL £255k would mean a transfer of £229,500 - am I correct in thinking this transfer of beneficial interest therefore would not result in stamp duty charges? Thanks

Hi,

Please contact the Stamp Duty Land Tax team for advice.

Stamp Duty Land Tax

Thank you.

Thanks they were very helpful and confirmed my situation.