Kent Solicitors

Question:
I have just helped my common law partner pay off the mortgage on our home and would like to get my name put on the title deeds. What do we need to do? Is there any stamp duty payable?

Answer:
It would have been safer to have consulted a solicitor at the time you paid off the mortgage in case anything happens to either or you. However, a Transfer document can still be prepared and signed and new ownership registered at HMLR.

Yes, Stamp Duty may be payable, but this depends on the amount paid.

You also need to consider, as you are not married, whether you wish to hold the property as joint tenants or, if not, in what shares you hold the property as tenants in common.

For further details please contact Simon Scott on 07979 916 619 or email ss@kaslers.co.uk

Labels: property mortgages stamp duty