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  • FIRST POST
    • stranex
    • By stranex 14th Apr 18, 7:57 PM
    • 27Posts
    • 3Thanks
    stranex
    Higher rate SDLT if separated but BOTH buying new?
    • #1
    • 14th Apr 18, 7:57 PM
    Higher rate SDLT if separated but BOTH buying new? 14th Apr 18 at 7:57 PM
    As above,


    We are separated pending divorce. We have sold the FMH and both renting. If we both now buy, presumably although we both have an "interest" in each others properties due to still being legally married, we are not listed on the deeds and therefore the one who buys 2nd is not liable to higher rate SDLT?
Page 1
    • SDLT Geek
    • By SDLT Geek 14th Apr 18, 10:16 PM
    • 306 Posts
    • 181 Thanks
    SDLT Geek
    • #2
    • 14th Apr 18, 10:16 PM
    • #2
    • 14th Apr 18, 10:16 PM
    If you are separated I would not expect you, in actual fact, to take interests each other's properties.

    There are rules for the higher rates of SDLT which sometimes require one to treat a spouse as a joint buyer for the purposes of assessing whether or not the 3% surcharge applies. But those do not apply to spouses who are separated in circumstances likely to be permanent.

    Take it with a pinch of salt if someone says spouses are treated as a "single unit". That is not what the legislation says.
    • amnblog
    • By amnblog 14th Apr 18, 10:17 PM
    • 10,738 Posts
    • 4,260 Thanks
    amnblog
    • #3
    • 14th Apr 18, 10:17 PM
    • #3
    • 14th Apr 18, 10:17 PM
    Neither are liable. If you own one property at the end of the day of coming of the sale you do not pay higher SDLT. I cannot seeing the !!!8216;married!!!8217; rule applying here.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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