From Sole to joint - owner & remortgage

Postby gooders2274 on Wed Oct 22, 2003 5:19 am

I own and have a mortgage on my property. I am in the process of remortgaging into joint names with my partner and will sign over as joint tenants with him. My current mortgage is 98,000 pounds, the house has been valued at 148,000 and the new mortgage is to be 130,000. Can you tell me if we liable to pay any stamp duty on this please.
gooders2274
 
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Joined: Wed Aug 06, 2008 3:06 pm

Postby DrMHoque@aol.com on Thu Mar 11, 2004 1:22 am

I own and have a mortgage on my property. I am in the process of remortgaging into joint names with my son and arrenged remrtgage on last september 2003 but due to some reason best known by my solicitors they could not complete the remotgage now all the defficulties are settled and I am hoping to complete the deal within two weeks from 12.03.2004 and will sign over as joint tenants with him.Please note that my son's share on the property will be only 15%. My current mortgage is 270,000 and the new mortgage is to be 130,000. Can you tell me if we liable to pay any stamp duty on this pleas
DrMHoque@aol.com
 
Posts: 2
Joined: Wed Aug 06, 2008 3:09 pm

Postby DrMHoque@aol.com on Thu Mar 11, 2004 1:27 am

I own and have a mortgage on my property. I am in the process of remortgaging into joint names with my son and arrenged remrtgage on last september 2003 but due to some reason best known by my solicitors they could not complete the remotgage now all the defficulties are settled and I am hoping to complete the deal within two weeks from 12.03.2004 and will sign over as joint tenants with him.Please note that my son's share on the property will be only 15%. My current mortgage is 270,000 and the new mortgage is to be 130,000. Can you tell me if we liable to pay any stamp duty on this pleas
DrMHoque@aol.com
 
Posts: 2
Joined: Wed Aug 06, 2008 3:09 pm


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