Joint tenants to sole tenant - SDLT?

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Joint tenants to sole tenant - SDLT?

Postby RedRiverRock on Fri Dec 10, 2010 8:04 pm

My wife & I own a property as Beneficial Joint Tenants. If it's transferred to me solely (CGT planning reasons) is there SDLT to pay?
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Re: Joint tenants to sole tenant - SDLT?

Postby mullet on Fri Dec 10, 2010 11:29 pm

SDLT would be charged on any consideration passing - money or any form of value - such as an outstanding morgage. If there is no money/mortgage etc then there is no SDLT.
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