Money Moral Dilemma: Should I pay half the Stamp Duty on the house I'm buying with my boyfriend?

Angelica123

Presumably you have not been able to afford on your own yet or you would have bought already. So you may lose out on stamp duty relief but you are benefiting from owning property you would not be able to afford on your own. The stamp duty cost is only a fraction of the total cost of buying. 

twopenny

If anything goes wrong between you you have no guaranteed legal standing. You will need to fight through solicitors and pay for that before you get any money and that could take a couple of years if your partner pushes back. That would severely impact you being able to afford anywhere else.

Stamp duty is the least of it. Get advice, get the situation and what is expected in the case of splitting up in writing and witnessed. Not just by you two.

You need to split everything half way. That includes insurance, fees as well as purchase and make sure your names are equally on the documents.

Probably cheaper if you get the situation of one of you leaving the house sorted at the same time as the sale, same solicitor. You can negotiate for that when you are looking at which will deal with the purchase.