Transfer of main residence to offshore company

[section 44]

Yes. Simply mortgaging a property without any transfer of the legal or beneficial interest does not attract SDLT.

[smc129]

If the mortgage fund generated from the remortgaging of your own house and was transferred to a ltd company to take out the borrowing of another bank for another house you own how would that be viewed .

[section 44]

Unless I have misunderstood you, what you have described would not involve any beneficial or legal interest in property being transferred. Therefore no SDLT.