Jack William

The funds for the purchase of the new property in the UK originate from the sale of a property from other country, which was jointly owned by my husband and myself. We have chosen to register the new property under my name alone for practical reasons; primarily, my husband’s busy schedule makes it more convenient for me to handle any future legal procedures. My husband intends to contribute financially to this property purchase, but the property under my name. Are there any additional taxation, charges, or costs involved? Alternatively, if we decide to register the property jointly (both our names), would there be any different tax implications? Thank you for your assistance.