lucyb2024

Hi, I’m currently the owner of a flat. I want to add my husband to deeds, either as tenants in common or joint tenants. I currently have mortgage (£200k), flat worth about £550k. We are getting a joint mortgage. Does my husband need to pay stamp duty if added on Deeds either of tenants in common or joint tenants? Thank you Lucy

Hi, I have a property which is being remortgaged (BTL)… it has been in my name only, and has had a DoT for rental income to go to my husband (as lower tax payer). We are now getting a joint mortgage, and moving husband onto deeds. I have been told that we can’t be joint tenants and have DoT. Is this correct? We have been told need to be tenants in common. Can we be tenants in common with share 50:50, but do a form 117 so husband has 100% me 0% for rent income (for tax). Or does the form 117 have to be the same split as the tenants is come in? Thank you