Would stamp duty be due in the following scenario (and how much please ?) :
A Buy-to-Let property is in sole ownership & rented out, value at £250k, with a mortgage at £150k.
Owner would like to add partner (unmarried) onto property, and, at the same time release further cash via a higher mortgage - en extra £40k.
So ownership would then be 50/50.
Thank you all,
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