Hello,
I purchased a flat with my ex wife in 2006, unfortunately we separated in July 2014, since then I have not lived in the property, I have been living with my parents where I have been registered to vote and has been my main (and only) residence.
I wanted to sign our flat into my wife's sole name as part of the divorce settlement, however, our mortgage provider would not lend my wife the mortgage amount on her own salary, therefore, to provide a home for our 6 year old daughter I have had to remain as joint owner of the property on the mortgage deeds. Our financial order confirms that if my ex wife sells the property the she will have 100% of the equity to buy another property for her and my daughter.
I am now in a position to buy a new house with my new partner (who is a first time buyer) and can't seem to get a straight answer on whether I will need to pay the additional 3% stamp duty. The flat has not been my main residence since 2014 and the only reason I am still the legal owner is because I need to provide a home for my daughter.
Obviously an extra 3% is a large amount and will impact whether we can afford to buy a house.
Any help or advice you can offer would be greatly appreciated.
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