SDLT

I own my current residential home where I live with my wife and children. This property is solely in my name. I work and I am a high rate tax payer. My wife does not work at the moment. My wife and I have some savings in our joint account and we would like to buy another property solely in my wife's name and let it out. This is so that she can use her personal allowance against the rental income. My question is if my wife buys this property will she have to pay the higher SDLT rates for second property or the lower SDLT rate as this will be her first property in her sole name?

Hi,
Please contact the Stamp Duty Land Tax team for advice.
Stamp Duty Land Tax enquiries
Thank you.