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Stamp Duty, Transfer From Joint TO Single Ownership
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enterthe
Posts: 12 Forumite
in Cutting tax
I jointly own a flat with a friend. It is worth about £400k. THere is £100k remaining mortgage.
I need to buy out my flatmate.
What tax implications will this have? Will I need to pay stamp duty? I can't find the relevant pages on the hmrc website.
I need to buy out my flatmate.
What tax implications will this have? Will I need to pay stamp duty? I can't find the relevant pages on the hmrc website.
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