Stamp Duty on transfer of equity

hasmith | 16:15 Wed 09th Mar 2005 | Site Suggestions

0 Answers

Subscribe
Report ⚑

Is stamp duty payable whereby i am taking over and changing my mortgage in order to pay off my former partner. The current mortgage is for �124,600 with a secured loan of �16,500 i am also raising additional funds of �6,000 in order to get my ex partners name off the mortgage. In total the new mortgage will be for �148,750 and the house value is �175,000. If there is a stamp duty liability why is this the case?

Browser Differences

Answers

Best Answer

Nobody has yet answered this question. Once some answers have been given, hasmith will be able to select one answer as the best. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

There are no answers available for this question.

Do you know the answer?